The company reported revenue of $32.5 billion and net income of $8.4 billion, which are both sharp increases over the company's $28.9 billion in revenue and $7.5 billion net income from past year.
Excluding one-time items, Microsoft earned $1.10 per share, edging past analysts' estimates of $1.09 per share. Commercial Office revenue was up 11 percent, with seat growth of 27 percent; this growth continues to be driven by the shift to cloud, with Office 365 revenue up 34 percent but perpetually licensed revenue down 21 percent. This would be dandy, except that past year Azure revenue grew 98 per cent.
Microsoft's personal computing division, home to Windows software and still its largest by revenue, showed revenue growth of 7% to $13 billion, while analysts had expected $13.07 billion.
From a growth perspective, Surface was one of Microsoft's strongest performers: Its revenues surged by 39 percent in the quarter, thanks to strong sales across both consumer and commercial. The company said it grew Office 365 Consumer subscribers to 33.3 million. Complicating things even further are the numbers for Windows OEM non-Pro revenue which tumbled 11% in revenue earnings and Microsoft was forced to admit that entry-level category devices (presumably Chromebooks) are sapping the businesses momentum.
Office consumer revenue growth to continue to be in the low single digits due to slow down in PC market.
Operating income was $10.3 billion and increased 18%.
Microsoft forecast revenue of between $29.4 billion and $30.1 billion in the current quarter. Windows simply isn't the universal computer language it once was and the situation is likely to get worse. Microsoft CEO Satya Nadella mentioned that strong commercial cloud performance lead to these results.
Microsoft has long courted customers outside the U.S. and has a 17% share of the global cloud market, research firm Canalys previously said.
The only area that was down was Windows OEM revenue, which declined by five percent.
Cash flow also went up by 13% YoY, pushed by higher collections from customers, partially offset by higher tax and supplier payments, while the free cash flow reached $5.2 billion, experiencing a 2% YoY decrease following capital expenditures in support of Microsoft's cloud business.
Roberts filled in for Fox News anchor Chris Wallace on " Fox News Sunday ", while Turner was part of the discussion on the show. The survey found that 50 percent of Latino adults approve of Trump's job as president - a 19 percent increase since December.
Renault owns about 43 percent of Nissan with voting rights, while Nissan has a 15 percent non-voting stake in Renault. Nissan said on January 30 it sold 5.65 million vehicles last year, down 2.8 percent on the year.
However, two notable exceptions to this were Windows Server 2012 and Windows 8 Embedded, which couldn't support IE11 at the time. This affects Windows Media Player and Windows Media Center on all versions of Windows 7 and partially affects Windows 8/8.1.
But for Chelsea fans, fortunately, they can continue singing "Hudson-Odoi, we want you to stay" for a few more months at least. But 45 minutes of largely listless possession and a second-half collapse brought the naysayers to the fore.
President Donald Trump has threatened to extend the tariffs to an additional $267 billion in Chinese goods. There is widespread scepticism that the two sides can reach a substantive deal by the 1 March deadline.
Chinese consumers are still fundamentally very strong and consumption is going to grow over the next 5 to 10 years, he added. Chinese consumers are spending strongly despite an economic slowdown, the chief executive of Alibaba said yesterday.
The chip promises speeds of up to 1,000 MB/s which is nearly twice the sequential read speed of a conventional 2.5-inch SATA SSD. For an idea of just how much storage this is, Samsung says it'll be enough to store 260 10-minute 4K videos.
In this walkthrough we'll take you through the best reasons to try the iOS 12 .2 beta on an iPhone, iPad, or iPod touch. We're still a ways off from the iOS 13 release date, and the beta of iOS 12 .2 shouldn't be seen as an alternative.
Hewitt blasts 'ridiculous' Davis Cup changes
Australia play their Davis Cup qualifier against Bosnia-Herzegovina in Adelaide on Friday and Saturday. The finals will be played over one week, with 18 teams split into six groups of three.
As Polar Vortex Freezes US, Satellite Track It from Space
Wind chills in northern IL could fall to negative 55 degrees. "But you can get frostbite within four or five minutes". The severe weather on Wednesday could even surpass Chicago's coldest recorded temperature of minus-27 degrees.
Ben Affleck confirms he is no longer Batman
Matt Reeves' The Batman is set for a 2021 release date but will not feature Ben Affleck as the caped crusader. The actor went on to scotch rumours he was giving up the role, saying he was "so excited to be Batman ".
Tesla Model Y is on the way -- in 2020
Tesla's staff had increased by 30% in 2018, which Musk said was more than the company could support as it seeks to reduce costs. In the fourth quarter, customer deposits decreased by $113 million from the prior quarter to $793 million.
Chad Ochocinco Watched The Roger Stone Arrest Go Down
Stone was charged with lying about his efforts to leverage Russian-hacked emails damaging to Hillary Clinton's 2016 election bid. Stone still possessed many of those communications when he gave false testimony about them, prosecutors said in the indictment .
Coutinho nets 2 as Barcelona routs Sevilla to reach Copa semis
Espanyol had Marc Roca sent off stoppage time for second booking before Betis scored twice through Sergio Leon and Aissa Mandi. Two minutes later, Sergi Roberto extended the home side's cushion further after sweeping home a well-weighted pass from Messi.