Microsoft has posted increased yearly income with sales boosted by its Windows division, but seen its chief financial officer (CFO) resign.
Microsoft’s yearly income has increased by 19 per cent since 2012, the company announced yesterday (Thursday).
Boasting an annual revenue of US$20.4 billion, the company is US$3.08 billion better off than last year.
However, Peter Klein, current CFO at Microsoft, will be leaving the company at the end of the fiscal year, with his replacement yet to be announced.
The Windows division under Microsoft experienced a 23 per cent increase in sales, marking its major contribution to the world-leading company’s success.
Steve Ballmer, chief executive officer at Microsoft, told the Agence France Press (AFP): “The bold bets we made on cloud services are paying off as people increasingly choose Microsoft services including Office 365, Windows Azure, Xbox LIVE, and Skype.
“While there is still work to do, we are optimistic that the bets we’ve made on Windows devices position us well for the long-term.”
HumanIPO reported earlier today on Microsoft’s focus on mobile and cloud at the TechEd conference presently underway in Durban, South Africa.
The successful financial report comes as a relief after Microsoft’s PC-leading reputation has been disputed as tablet popularity overtakes the former computer consuming crowd.
Microsoft is however also working on a series of mini tablets to follow its Surface release late last year.
HumanIPO reported yesterday on the Surface’s anticipated arrival in South Africa.
