Overall, Microsoft's unearnedrevenue fell 9.5 percent to $13.4 billion.
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Fluctuations in unearnedrevenue indicate how many customers are renewing these multi-year contracts, and how much software they're buying through them.
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The $17 billion unearnedrevenue, which is a forward indicator of business, shows they signed a lot of deals this quarter.
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It puts that money in a bucket called unearnedrevenue, and then staggers that money into earned (regular) revenue over the course of the year.
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The company's unearnedrevenue, a key metric used to measure future business for subscription-based software vendors, rose 24 percent to $5.88 billion.
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UnearnedRevenue Shows if Big Customers are Buying "Unearned revenue" offers a good clue about Microsoft's financial health.
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Unearnedrevenue -a measure of the strength of the business in Microsoft's pipeline -fell 9.5 percent to $13.4 billion.