Microsoft’s financial results have surprised many analysts in the IT business

Jan 24, 2014 12:46 GMT  ·  By

Microsoft’s strong performance in the second quarter of fiscal year 2014 has surprised many analysts who explained that the company is actually going in the right direction by focusing on new products such as cloud services.

Windows is also selling well, an analyst explained in an interview with Bloomberg, and although the PC market is still declining, sales of Windows to manufacturers are still good enough.

“They were very good numbers,” said Kim Forrest, an analyst at Fort Pitt Capital Group Inc. in Pittsburgh. “The enterprise sales area looked pretty strong. Xbox was a winner this year and sales of Windows to PC makers weren’t as bad.”

Microsoft’s Chief Financial Officer Amy Hood also admitted that the software giant performed very well during the quarter, especially in weaker sectors where it urgently needed to improve.

“We exceeded expectations in both the commercial unit and the devices and consumer segment and we saw improvement in areas where frankly we needed to get better,” she said.