Office 365 Outpaces Traditional Office in Sales
In the past quarter, Office 365 subscription sales contributed to a significant portion of Microsoft’s overall sales for Office products. Microsoft announced a significant milestone for Office 365 in that it surpassed traditional Office products in total revenue. Microsoft CFO Amy Hood reports that profits from both Office 365 and traditional Office rose 5% YoY to over $277 million, and that Office 365 sales made up the majority of the over sum. Hood and others believe this leap in sales is due to Office 365’s cloud computing capabilities that are presenting new opportunities to both customers and businesses in how...