Microsoft’s FY 16 Q2 results show increased Surface revenue while Windows licensing declines

The moment many a gambling investor had been awaiting is upon us. Microsoft just released its earnings report for its fiscal year 2016 Q2. A preliminary look at the numbers show that Microsoft is continuing its momentum in Office and cloud adoption while surrendering some foothold in its Windows licensing as it transitions to a “cloud-first, mobile-first” company.

Other quick takeaways are a significant drop in Windows Phone revenue while numbers for Xbox Live monthly active users grew by 30% year over year.

We’ll be updating and going into further details on Microsoft’s numbers in subsequent posts, and so keep it locked to WinBeta.org for more information.