Quarterly report: It's raining billions of dollars from Microsoft's cloud



[ad_1]

Microsoft generated $ 8.87 billion in revenue for the quarter ($ 1.14 per share). The company announced it on July 19, 2018 after the close of trading on the New York Stock Exchange. The turnover rose 17% to $ 30.1 billion

Jobs

  1. Abilex GmbH, Berlin
  2. Volksbank Halle / Westf. eG, Halle



Analysts had forecast that $ 1.08 in revenue per share versus $ 29.23 billion in revenue.

"We had an amazing year, with a business turnover of over 100 billion US Dollars" said Microsoft CEO Satya Nadella. "Our first investments in the smart cloud and smart benefits are paying off and we will continue to expand our reach into large and growing markets through differentiated innovation."

Microsoft Hybrid Cloud server products and cloud services revenue – grew 26% in the fourth quarter. The company does not announce any sales for the segment. Linkedin subsidiary increased sales by 37%. Microsoft announced on June 13, 2016 the purchase of LinkedIn career network for $ 26.2 billion.

Windows OEM sales also grew by 7% due to the 14% growth of OEM Pro.

Sales of surface equipment increased by 25%, reflecting the strong performance of current surfaces "compared to a comparable figure of the previous year" the US company said.

[ad_2]
Source link