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The silhouette of the CEO Satya Nadella in front of the logo of Microsoft
(Photo: AP)
San Francisco Microsoft presented its quarterly and fiscal figures. And they loved Wall Street after a first horror. According to relatively positive figures from IBM's Sorgenkind the day before, it's another badet for technology stocks
- The fourth-quarter business figure far exceeded badysts' expectations ] $ 30.1 billion and the year before. The income for the fiscal year as of June 30, 2018 was $ 110.4 billion an increase of 14%. Analysts were expecting an average of 109.49 billion.
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The quarterly profit per share had been estimated by badysts at $ 1.08 on average and far exceeded expectations and the result of the previous year with $ 1.14. The quarterly net profit reached 8.9 billion dollars, against 8.06 billion a year ago. Net income in a full year was well below $ 25 billion a year earlier, because of high one-time expenditures related to $ 16 billion US tax reform. 19659008] Microsoft has been successful in the cloud industry as the hardest competitor of the AWS of Amazon. However, the quarterly figures show a slight weakening of the growth trend. Revenue from the commercial cloud, which includes products such as Office 365 and the Azure cloud infrastructure platform, grew 53 percent to $ 6.9 billion in the fourth quarter.
In the third quarter, it rose 58%. The share of Azure is not reported, but the growth rate would have been 89% compared to the previous year. Uncertainty in the cloud sector could explain the rapid, rapid and violent price loss. The new LinkedIn acquisition has grown at a disproportionate rate of 37%. The Surface Youth Division (tablets and laptops) increased by 25%.
The reaction of the stock market
The share of Microsoft had given way to a record early in the week of Thursday in the regular trade with high sales significantly. After the publication of the numbers, it first dropped to $ 103 downhill, before a sudden turnaround and the price stabilized at over $ 105.
What's Happening Now
The question is whether the CEO since 2014. Kirk Materne, an badyst at Evercore ISI, predicts that the stock market value will exceed 1,000 Billion dollars by 2020 if the growth of cloud activity with Azure and subscription activity in Office 365 is maintained. In the speech of the badyst, Nadella will have to explain how he wants to achieve a collapse of growth through the increased use of artificial intelligence and machine cores.
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