Microsoft to Report Revenue in Three Major Segments
- Moves from current reporting in seven distinct sections
- Fiscal 2014, 2015 results will be released using new groups
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Microsoft Corp. is changing how it reports revenue and operating income, ahead of its quarterly results next month, reducing the number of financial segments to three major units from seven.
Microsoft will group sales into Productivity and Business Processes, Intelligent Cloud and More Personal Computing, the Redmond, Washington-based company said Monday in a statement. A fourth, smaller bucket, called Corporate and Other, also will be used, said Cameron Bays, a spokeswoman for the company. That’s down from the current seven distinct sections.