Since the deal closed, LinkedIn as a standalone has materially increased its own revenue (+571% from the first full quarter of consolidated reporting) and gross margin (filings mention subjectively that the broad segment’s gross profit growth is outpacing opex growth, attributable to LinkedIn and Office 365: “Gross margin increased [by] 18%, driven by growth in Office Commercial and LinkedIn [including] gross margin percentage improvement in LinkedIn and Office 365.”)
I think the problem here is there’s no more breakdown and transparency as to how LinkedIn chalked up this revenue. Did MS sales staff managed to upsell existing Office 365 and Dynamics customers? Or just packaged it into existing services and transferred revenue over?
All anyone can do is speculate unless MS released the LinkedIn financials on its own.