Microsoft reported net income of $8.9 billion for the quarter ended June 30, 2018 (Q4 FY2018), up 10% from the $8.1 billion reported in the corresponding quarter last year, largely driven by its cloud business for the second straight quarter. Microsoft also attributed strong growth across most segments, including productivity and business processes for the better-than-expected showing. The company’s total revenues for the quarter stood at $30.1 billion, up 17% from $25.6 billion in Q4 FY2017. The tech giant’s operating income surged 35% to $10.4 billion this quarter from around $7.7 billion in Q4 FY2017. The company also released results for the fiscal year ended June 30, 2018. While revenue rose 14% on year to $110.4 billion operating income was grew 21% YoY to $35.1 billion, Overall, the net come for the financial year stood at $16.6 billion, down 25.5%. It is important to note that during the quarter ending June, the company also agreed to acquire code-sharing website GitHub for $7.5 billion. Note- The numbers reported here are compliant of the Generally Accepted Accounting Principles (GAAP).Microsoft reports its results in three segments More Personal Computing – This includes Windows, hardware (like the Surface devices), Xbox, as well as search and advertising. Productivity and Business Processes – This covers Office, Exchange, SharePoint, Skype, LinkedIn and Dynamics Intelligent Cloud – This covers Azure Cloud, Windows Server, SQL Server, Visual Studio, and Enterprise Services More Personal Computing More Personal Computing revenue was $10.8 billion, up 17% year-over-year from Q4 FY2017. Windows, gaming, Surface, and search all grew significantly. The…
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