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Consumer Office 365 tops a half-billion dollars in annual revenue run-rate - Computerworld - 0 views

www.computerworld.com/...ars_in_annual_revenue_run_rate

wordsdk Office365

shared by Gary Edwards on 12 Aug 14 - No Cached

In the June quarter, Microsoft added approximately 1.2 million subscribers to its consumer Office 365 rolls, a quarter-over-quarter growth rate of 27%, but a year-over-year increase of 460%.
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Microsoft's Office 365 "rent-not-buy" subscription service is at an annual revenue run-rate of more than half a billion dollars, Microsoft signaled last week.
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According to CFO Amy Hood, Microsoft ended the June quarter with more than 5.6 million Office 365 subscribers to its consumer-grade plans, labeled "Home" and "Personal." The former sells for $100 annually, while the latter -- which was introduced in mid-April -- lists for $70 a year.
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Microsoft's quarter-over-quarter gain was 100%,
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Pacific Crest Securities said it anticipated 1 million new consumer subscribers per quarter. If Pacific Crest's forecast is accurate, the quarter-over-quarter gain for the three months ending Sept. 30 would be about 18%, but would represent year-on-year growth of 230%.
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Nor would Microsoft assign credit for Office 365's gains -- whether on the consumer or commercial side -- to any specific move it has made, including the release of Office for iPad in March. When a Wall Street analyst asked Hood about the source of a large gain in cloud revenue -- which includes Office 365 for businesses -- and if Office for iPad played a part, the CFO declined to name any one factor. "I wouldn't point to one product area," Hood answered.
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Gary Edwards on 12 Aug 14

"Microsoft's Office 365 "rent-not-buy" subscription service is at an annual revenue run-rate of more than half a billion dollars, Microsoft signaled last week. According to CFO Amy Hood, Microsoft ended the June quarter with more than 5.6 million Office 365 subscribers to its consumer-grade plans, labeled "Home" and "Personal." The former sells for $100 annually, while the latter -- which was introduced in mid-April -- lists for $70 a year. "

<div class="cArrow"> </div><div class="cContentInner">"Microsoft's Office 365 "rent-not-buy" subscription service is at an annual revenue run-rate of more than half a billion dollars, Microsoft signaled last week. According to CFO Amy Hood, Microsoft ended the June quarter with more than 5.6 million Office 365 subscribers to its consumer-grade plans, labeled "Home" and "Personal." The former sells for $100 annually, while the latter -- which was introduced in mid-April -- lists for $70 a year. "</div>

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