Microsoft reports Q4 More Personal Computing revenue $10.8B
Revenue in More Personal Computing was $10.8B and increased 17%, up 16% in constant currency. Windows OEM revenue increased 7%, driven by OEM Pro revenue growth of 14%. Windows commercial products and cloud services revenue increased 23%, up 19% in constant currency, driven by an increased volume of multi-year agreements and the mix of products that carry higher in-quarter revenue recognition. Gaming revenue increased 39%, up 38% in constant currency, with Xbox software and services revenue growth of 36%, up 35% in constant currency, mainly from third party title strength. Surface revenue increased 25%, up 21% in constant currency, driven by strong performance of the latest editions of Surface against a low prior year comparable. Search advertising revenue excluding traffic acquisition costs increased 17%, up 16% in constant currency, driven by higher revenue per search and search volume.