The profits were down in the GAAP numbers which involved Microsoft deferring $1.9 billion in revenues. In the non-GAAP (traditional) numbers, revenues were down 2 percent but profits up by 8 percent. This is why the shares jumped in after-hours trading.
Otherwise, yes, revenues in the More Personal Computing division were down (with the PC market) while Intelligent Cloud division revenues were up slightly.
Otherwise, yes, revenues in the More Personal Computing division were down (with the PC market) while Intelligent Cloud division revenues were up slightly.