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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Microsoft Corporation | NASDAQ:MSFT | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.73 | 0.18% | 407.39 | 407.40 | 407.55 | 13,514 | 10:12:46 |
By Tess Stynes
Microsoft Corp. announced changes to how the company presents its financial results, reducing the number of segments reported to three from seven, as the software maker aims to emphasize its mobile and cloud businesses.
Beginning this quarter, Microsoft will report revenue and operating income based on three operating segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing.
The Productivity and Business Processes segment includes results from Office and Office 365 for commercial and consumer customers, as well as Dynamics and Dynamics CRM Online.
The Intelligent Cloud segment includes results from public, private and hybrid server products and services such as Windows Server, SQL Server, System Center, Azure, and Enterprise Services.
The More Personal Computing segment includes results from licensing of the Windows operating system, devices such as Surface and phones, gaming including Xbox consoles, and search.
The changes take effect this effect, its fiscal first quarter, which the company plans to report Oct. 22.
Write to Tess Stynes at tess.stynes@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
September 28, 2015 17:14 ET (21:14 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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