by ALEX WILHELM
Today at its analyst event, Microsoft announced a new milestone for its Office 365 Home Premium product: 2 million subscribers. That’s up 100%, or 1 million subscribers, since May 29th. Office 365 Home Premium is the company’s cloud productivity suite for consumers that they pay for on a subscription basis.
Previously, Microsoft touted that it had signed up its first 1 million consumer subscribers for Office 365 Home Premium in 100 days. It has been 113 days since it announced the 1 million figure. So, Microsoft, presuming that it reached the 2 million mark today, is adding subscribers at almost the same pace as it did around the launch period.
However, as Microsoft is simply stating that it has “more than” 2 million Office 365 Home Premium subscribers, it would not surprise me if the product was either keeping pace with its former sales levels, or has accelerated slightly. At 2 million subscribers, Office 365 Home Premium is a $200 million yearly business.
Office 365, Microsoft said today, was (as a total product) the fastest Microsoft service to $1 billion in yearly revenue run rate in the history of the company. Here’s the slide that details the 2 million figure:
