Microsoft Corp. said it would report revenue and operating income based on three segments, reorganizing the way it reports financial results.
Starting this quarter, the company will report revenue and operating income based on three businesses — Productivity and Business Processes, Intelligent Cloud, and More Personal Computing.
The Intelligent Cloud segment will include server products and services such as Windows Server and Azure.
The More Personal Computing segment will include results from licensing of the Windows operating system, devices such as Surface and phones, Xbox gaming consoles, and search.
The company previously reported under six segments, which were lumped together under two broad categories — Devices & Consumer and Commercial.
Microsoft is scheduled to report first-quarter results on Oct. 22.
© 2024 Thomson/Reuters. All rights reserved.