Microsoft's Cloud Proves It's Worth the Big Price

Sign in with Microsoft

He thinks Commercial Cloud revenue rose 51%, to $6.9 billion, including $4.2 billion of Office 365 revenue, and sales for Microsoft's Azure cloud business of $2.3 billion, up 84%.

Azure has a 16 per cent share of the global cloud infrastructure market, putting it in second place behind Amazon Web Services according to estimates made in April by Canalys. Meanwhile, Office consumer products and cloud services revenue was up by eight percent, with Office 365 consumer subscribers increasing to 31.4 million.

The $808 billion software company, which was founded by Bill Gates, is best known for its Windows operating system and Office software suite, which includes programs such as Word, Excel and Powerpoint.

By unit, Microsoft's productivity and business processes division had fourth quarter revenue of $9.7 billion, up 13 percent from a year ago.

Trump 'ready' to tax all Chinese imports
Powell's plan to continue gradually raising short-term rates was undermining the administration's efforts to spur economic growth. Trump has been on a mission to reduce the US$552-billion USA trade deficit and rebuild the nation's manufacturing sector.

On the earnings call, Nadella said he was "especially proud" of a new five-year deal between Microsoft and Walmart, which has been widely described as a strategic alliance against Amazon.

Revenue from server products and cloud services was up 23% to $9.6 billion (analysts expected $9.09 billion).

These bumper numbers can largely be credited to the seemingly unstoppable growth of the company's cloud biz, which is up 23 per cent compared to past year.

In all, Microsoft continues to rack up some impressive consumer-facing wins even as the company evolves into a mature 1990's IBM-like hybrid business.

The Walking Dead Launches Its Season 9 Trailer | News
AMC released the first full trailer for the ninth season of " The Walking Dead " Friday at San Diego Comic-Con. Sister series Fear The Walking Dead , which now boasts Lennie James' Morgan as an ongoing crossover.

"We see the benefits from Microsoft's bring your own license program as starting to bear fruit as partners highlight enterprise agreement renewals at higher net expansion levels than in recent years", writes Bellini in a note.

LinkedIn chipped in $1.46 billion, up a whopping 37% over the previous quarter.

The Windows business was up 7% from the year-ago period, drawn by a stronger demand for PCs preinstalled with the professional version of Windows 10.

Analysts were expecting earnings per share of $1.08 on revenue of $29.2 billion for the last quarter of Microsoft's fiscal year. Without the charge, yearly income was up 17 percent to $35.1 billion. Dynamics 365 revenue grew 61% (up 56% in constant currency), thanks to new product refresh cycle and key customer wins.

'Utterly ridiculous': Putin denies USA election meddling in tense interview
He says "it's a shame" that he and Putin had to answer questions about the investigation into Russian election interference. Not all Republicans in Congress were angry with Trump's conduct in Helsinki. "We're all to blame", Trump said.

"With GitHub we recognise the increasingly vital role the developers play in value creation and growth in the area of the intelligent cloud and intelligent edge", Nadella said.

Related news:

Hot News

isis-killer-beheading-video-story-top Modi Govt Confident Of Defeating No Confidence Motion
Jul 21, 2018 - 11:12
The previous no-trust motion that was moved by the Congress against the Vajpayee government in 2003 was defeated. Later, talking to reporters, she accused Rahul Gandhi of resorting to "dramebaazi".

isis-killer-beheading-video-story-top Israel passes Jewish nation-state bill after contentious session in Knesset
Jul 21, 2018 - 10:01
The legislation, defined as a 'basic law, ' granting it quasi-constitutional status, will likely face a challenge at the Supreme Court.

isis-killer-beheading-video-story-top France Wins World Cup for 2nd Time; Croatia Almost Smelled Victory
Jul 19, 2018 - 08:21
He missed a penalty in Argentina's surprise draw against Iceland, and was outshone by Mbappe in their last-16 defeat to France. Following an impressive tournament, it was announced earlier last week that Ronaldo was leaving Real Madrid to join Juventus.

Jeff Bezos rocket company tests spacecraft
Jul 19, 2018 - 07:42
On Wednesday's flight, Blue Origin says it will push the New Shepard rocket to its limits with a high-altitude escape motor test. There is speculation that Bezos himself, the world's richest person, will be among the first people to fly on New Shepard.

isis-killer-beheading-video-story-top Trump agrees with Putin that low level of relations is a 'shame'
Jul 19, 2018 - 06:46
While it's good to keep lines of communications open, the United States must remain vigilant against Russian activities, she said. I can't even imagine what he said behind closed doors. "This is truly the Trump derangement syndrome that motivates all of this".

isis-killer-beheading-video-story-top Washington's Harper wins MLB Home Run
Jul 19, 2018 - 06:28
Schwarber will face Bryce Harper , who advanced through the first two rounds with a showy display of power at his home stadium. I think we can all agree that Bryce Harper's best strategy for the Home Run Derby would be trying to hit home runs.

isis-killer-beheading-video-story-top "Android Created More Choice For Everyone": Google After EU Slaps Fine
Jul 19, 2018 - 05:45
He also says that the rules imposed by Google are meant to "ensure technical compatibility", and that they're optional. In this way it has cemented the dominance of its search engine.

isis-killer-beheading-video-story-top Lava from Hawaii volcano creates tiny new island
Jul 19, 2018 - 04:47
He didn't observe "any major explosions", so he navigated his vessel closer, to about 250 yards (228 meters) away from the lava. A small "island of lava" has popped up near Kilauea in Hawaii , as USA authorities continue to monitor activity at the volcano.

isis-killer-beheading-video-story-top Why Collin Sexton is the real deal
Jul 19, 2018 - 04:26
In the semi-finals against the Cleveland Cavaliers , Hart dropped 37 points and nine rebounds to lead LA to a double-overtime victory.

isis-killer-beheading-video-story-top Airstrike at Aleppo Airport Said to be "Strong Message" to Iran
Jul 18, 2018 - 10:15
The government's push came after it had secured control of most of the Daraa province in an offensive that began in June. AFP reported that hundreds of fighters and a few of their family members boarded around 15 buses which had then set off.

isis-killer-beheading-video-story-top Mesut Ozil to join Arsenal on Singapore pre-season trip
Jul 18, 2018 - 10:10
Ozil has been on holiday since Germany were knocked out in the group stage at the World Cup, but will join the rest of the Arsenal squad before they travel to Asia this weekend.

isis-killer-beheading-video-story-top Claim From Italy: Juventus Seriously Considering Paul Pogba Summer Swoop
Jul 18, 2018 - 08:59
That's the opinion of Red Devils hero Gary Neville who has been impressed with the 25-year-old. "It's done. We will meet on the 15th of July".

isis-killer-beheading-video-story-top France not expecting exhausted Croatia in World Cup final
Jul 16, 2018 - 06:35
We have to leave emotions aside and give more than we've given on the pitch in the previous matches because it's the cup final. It will be France's first World Cup final for 20 years, and Croatia's first ever appearance on the biggest stage of them all.

isis-killer-beheading-video-story-top Trump says Queen thinks Brexit is 'very complex problem'
Jul 16, 2018 - 06:29
Speaking on BBC1's The Andrew Marr Show , Mrs May disclosed the mystery advice. Trump told during a press conference with Ms.

isis-killer-beheading-video-story-top France lead 2-1 against Croatia as Griezmann scores penalty
Jul 16, 2018 - 06:27
Deschamps now joins elite company, one which only has Franz Beckenbauer for lifting the World Cup as a captain and as a coach. France , champions in 1998, meet Croatia , for the first time in a major tournament final, at Luzhniki Stadium .