Tuesday, June 19, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Panasonic Image Sensor Detects Objects 250 m Ahead at Night with Poor Visibility
IBM's AI Machine Learns to Debate Humans
Office to Include PDF Services from Adobe
Samsung Starts Researching EUV For DRAM: report
Apple Fined in Australia Over Customer Misleading
Microsoft HoloLens Provides Access to Raw Image Sensor streams with Research Mode
CCIX Consortium Base Specification 1.0 Allows Companies to Deliver CCIX Production Devices
YouTube Music and YouTube Premium Launch in More Countries
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Microso...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, July 21, 2017
Microsoft Reports Strong Profit on Cloud Demand


Microsoft on Thursday reported strong fourth-quarter earnings on the back of its cloud computing business and sales of internet-based software and services.

Microsoft's Chief Executive Satya Nadella has shifted the company's focus away from a dying personal computer software business and reinventing it as a provider of cloud computing and subscription-based software.

"Our technology world view of an intelligent cloud and an intelligent edge is resonating with customers everywhere," Nadella said on the company's earnings conference call with investors on Thursday afternoon.

Micrisoft's revenue from the cloud unit, which includes the flagship Azure platform and server products, rose about 11 percent to $7.43 billion in the fiscal fourth quarter ended June 30. Revenue from Azure alone, which competes directly with Amazon.com's market-leading AWS division, nearly doubled in the quarter.

Microsoft's long-term unearned revenue rose by more than 61 percent year-over-year.

In a bid to continue this momentum, Microsoft last week launched Azure Stack, a new service that allows customers to run a local version of the company's cloud technology.

Beyond cloud, Microsoft's commercial offering of Office 365 was up 43 percent while Dynamics 365, Microsoft's customer relationship management and enterprise resource planning service, saw a year-over-year increase of 74 percent.

Revenue dropped 2 percent in the personal computer division, which includes Windows 10 and Microsoft's line of Surface hardware. The company said it recorded $306 million in restructuring charges following a reorganization of its sales and marketing teams that was announced earlier this month. The restructuring resulted in layoffs for thousands of Microsoft employees.



Previous
Next
Apple Turns to LG Chem for iPhone 9 Batteries        All News        Intel Introduces Movidius Neural Compute Stick
More Than Half German Companies Hit by Sabotage, Spying, BSI says     General Computing News      Intel Introduces Movidius Neural Compute Stick

Get RSS feed Easy Print E-Mail this Message

Related News
Microsoft Follows Amazon in Checkout-free Retail Technology: report
E3 2018: Microsoft 'Halo Infinite' Trailer Unveiled, Ninja Theory, Undead Labs, Playground Games, Forza Horizon, and Gears of War 5
Microsoft Highlights Intelligent Cloud, Intelligent Edge vision at Computex Taipei
Microsoft Launches Program for Women Returning to Work
Microsoft to Buy GitHub for $7.5 Billion
Microsoft to buy GitHub: report
Microsoft's Value Overtakes Alphabet
Microsoft Acquires Conversational AI Company Semantic Machines
Microsoft Build 2018 Highlights
Azure and Office Power Microsoft's Third Quarter Results
Microsoft Unveils Reorganization Plan
Microsoft Previews Windows Server 2019

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .