Microsoft Corporation (MSFT) Office 365 Subscribers Went up By 2 Million In One Quarter

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Since Microsoft Corporation (NASDAQ:MSFT)’s Satya Nadella came to the office as the CEO of the Redmond giant, a lot of speculations were being made about the future of Microsoft after the bold steps and massive transitioning. Microsoft Corporation (NASDAQ:MSFT) announced job cuts, it opted for a mobile first Cloud first strategy, it increased openness of its platforms for other competitors and its focus on apps increased. An article on Wall Street Journal said that Microsoft stock rallied massively for one year and sustained the sudden and bold changes Nadella faced. But the luck didn’t lasts for more than a year. Microsoft Corporation (NASDAQ:MSFT) stock tumbled massively, up to 9% in a single day, raising eyebrows of many investors who were bullish on the company.

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The source said that tax issues in Europe, regulatory problems in China and Japan, Microsoft Corporation (NASDAQ:MSFT)’s failure to capture mobile market are some of the reasons behind this sudden fall. Microsoft Corporation (NASDAQ:MSFT)’s oxygen comes from PC market and corporate software. PC market is now stagnant amid the outburst of mobile and tablets. Windows 8 also couldn’t perform well.

The source also said that Microsoft Corporation (NASDAQ:MSFT)’s Cloud and Office business is growing. The company reported $5.5 billion annual revenue from its commercial Cloud platforms. Office 356 subscribers went up by 2 million. These points show that Microsoft Corporation (NASDAQ:MSFT) is investing in endeavors that have the ability to pay back in the long term. The cloud revenue is only 5% of the overall revenue. Investors will keenly observe Microsoft Corporation (NASDAQ:MSFT)’s moves in order to make optimized decisions in the future.

As of 30 June 2014, Ken Fisher’s Fisher Asset Management hold around 17.7 million Microsoft Corporation (NASDAQ:MSFT) shares.

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