Microsoft Teams, the popular photo sharing service, is killing the Office365 business, a major analyst has said.
The analyst, David C. Brown, said that Microsoft Teams has been used to distribute files for Microsoft Teams members in the past and it has made a lot of money since the end of the 2012 holiday season.
He noted that the app has been downloaded more than 20 million times and was downloaded more by Office 365 customers than any other app on the platform.
“Microsoft Teams has not been profitable for Microsoft,” Brown said.
“The company lost nearly $1 billion in the first half of 2017, and it’s only going to get worse.”
Microsoft Teams is available to Office 365 and Exchange Server, Office 365 Enterprise and SharePoint Online.
Microsoft’s Office 365, the largest of the big-four cloud-based Microsoft cloud services, launched in December 2016.
Microsoft Teams was released to Office users on December 1, 2016.
Microsoft launched a new version of the app for iOS and Android in September, and the company said on Wednesday that it will soon roll out a new app for the Mac and Linux operating systems.