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Office 365 furnishes 4% of Microsoft's Office division revenue
2013-04-22 14:22:49| InfoWorld: Top News
Microsoft's Business division, which manages the company's Office cash cow, recorded a 5 percent revenue bump in the first quarter over the same period in 2012, an increase driven by a surge in enterprises signing long-term licensing agreements. Office 365, Microsoft's expanded subscription program that it's promoted for both businesses and consumers -- and on which the company is pinning plans to drive future income -- will account for about 4 percent of the division's revenue for the fiscal year, Microsoft said.
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Category:Information Technology