Microsoft turns spotlight on cloud, mobile with new reporting style

Grazed from Reuters.  Author: Editorial Staff.

Microsoft Corp joined Amazon.com Inc and Intel Corp in tweaking the way it reports results, a move that will help the software giant show off its growing cloud and mobile businesses.  Since taking over as chief in early 2014, Satya Nadella has led Microsoft's efforts to focus on software and cloud services as demand for its Windows operating system slows.
 
The company, which is in the process of restructuring its phone business and streamlining operations, has been pumping the resulting savings into its cloud business and Windows 10.  "This reporting structure aligns the company's goals with the way they will report it to the Street," FBR & Co analyst Daniel Ives said. "The best change is the ability to track the Windows 10 transition and cloud adoption around Office 365 which are front and center for investors."...
 
Microsoft said on Monday it will report revenue and operating income based on three businesses - Productivity and Business Processes, Intelligent Cloud, and More Personal Computing starting this quarter...

Read more from the source @ http://www.reuters.com/article/2015/09/29/us-microsoft-accounts-cloud-idUSKCN0RT2LC20150929