Microsoft has said its quarterly profit rose 17 per cent from a year ago to $5.2 billion, citing progress in its transition to a “devices and services” company.
“Our devices and services transformation is progressing and we are launching a wide range of compelling products and experiences this fall for both business and consumers,” said chief executive Steve Ballmer .
In the company's first fiscal quarter, the profit translated to 63 cents a share, better than expected, and revenues were also ahead of forecasts, up seven per cent at $18.6 billion.
Ballmer said Microsoft was “seeing lots of consumer excitement for Xbox One, Surface 2 and Surface Pro 2, and the full spectrum of Windows 8.1 and Windows Phone devices.”