Breaking News

ASUS Announces XG Core Radeon RX 9060 XT LP 16GB GDDR6 Razer Unveils the Hammerhead V3 Chroma Sony Introduces USB-C Wired Headphones MDR-3R Greenliant heads to electronica 2026 with its full industrial SSD lineup CORSAIR Brings Comfort in Full Bloom with Dark Cherry Blossom TC500 and TC100 RELAXED Gaming Chairs

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed

Search form

Microsoft 's Profit Powered by Growing Cloud Sales

Microsoft 's Profit Powered by Growing Cloud Sales

Enterprise & IT Jul 19,2019 0

Microsoft on Thursday reported high fourth-quarter revenue and profit, driven by sales increases from its cloud business and a surprisingly strong Windows business.

Revenue growth in Azure was 64% in the fiscal fourth quarter ended June 30, compared with 89% a year earlier and 73% in the prior quarter. Microsoft does not provide an absolute revenue figure for Azure, blending it into its “intelligent cloud unit,” which had revenue of $11.4 billion.

On Thursday, Microsoft’s Azure-based business segment for the first time ever reported slightly more quarterly revenue than its Windows-based segment.

In the cloud computing business, Azure’s chief rival is Amazon Web Services, which dominates the industry with a 32.8% market share, according to research firm Canalys. Microsoft has a share of 14.6%, while Google has 9.9%.

Revenue in Microsoft’s productivity software unit jumped 14.3% to $11.05 billion, driven by double-digit revenue growth for LinkedIn and Office 365.

The company's personal computing division, home to Windows software, rose to $11.3 billion. The unit also includes Xbox gaming consoles, the Bing online search service and Surface laptops.

Mike Spencer, head of investor relations at Microsoft, said Windows results were fueled by customers upgrading from Windows 7, which will be retired next year, and the result of some PC customers stockpiling inventory in anticipation of possible tariffs.

Total revenue rose 12% to $33.72 billion, above average analysts’ estimates of $32.77 billion.

“It was a record fiscal year for Microsoft, a result of our deep partnerships with leading companies in every industry,” said Satya Nadella, chief executive officer of Microsoft. “Every day we work alongside our customers to help them build their own digital capability – innovating with them, creating new businesses with them, and earning their trust. This commitment to our customers’ success is resulting in larger, multi-year commercial cloud agreements and growing momentum across every layer of our technology stack.”

The software maker pledged “double-digit” percentage gains in sales and operating income for the year that started July 1. Results are getting a boost from larger deals for its Azure web services and adoption of internet-based Office programs. Microsoft plans to increase operating expenses by 11% to 12% for the fiscal year, and will raise capital spending to build out data centers, Chief Financial Officer Amy Hood said.

Microsoft forecasted between $10.3 billion and $10.5 billion in intelligent cloud sales for the fiscal first quarter.

Tags: Microsoftfinance
Previous Post
Tencent Teams Up With BMW on Self-Driving Cars in China
Next Post
Porn Websites Leak User Data to Google, Facebook

Related Posts

  • NVIDIA and Microsoft Reinvent Windows PCs for the Age of Personal AI

  • Snapdragon X Series is the Exclusive Platform to Power the Next Generation of Windows PCs with Copilot+ Today

  • Activision Blizzard King to Team Xbox

  • NVIDIA Studio Lineup Adds RTX-Powered Microsoft Surface Laptop Studio 2

  • Samsung and Microsoft Unveil First On-Device Attestation Solution for Enterprise

  • Introducing Xbox Game Pass Core, Coming This September

  • Announcing the next wave of AI innovation with Microsoft Bing and Edge

  • Microsoft Announces Security Copilot AI

Latest News

ASUS Announces XG Core Radeon RX 9060 XT LP 16GB GDDR6
GPUs

ASUS Announces XG Core Radeon RX 9060 XT LP 16GB GDDR6

Razer Unveils the Hammerhead V3 Chroma
Consumer Electronics

Razer Unveils the Hammerhead V3 Chroma

Sony Introduces USB-C Wired Headphones MDR-3R
Consumer Electronics

Sony Introduces USB-C Wired Headphones MDR-3R

Greenliant heads to electronica 2026 with its full industrial SSD lineup
Enterprise & IT

Greenliant heads to electronica 2026 with its full industrial SSD lineup

CORSAIR Brings Comfort in Full Bloom with Dark Cherry Blossom TC500 and TC100 RELAXED Gaming Chairs
Cameras

CORSAIR Brings Comfort in Full Bloom with Dark Cherry Blossom TC500 and TC100 RELAXED Gaming Chairs

Popular Reviews

Endorfy Thock V2 Wireless Keyboard

Endorfy Thock V2 Wireless Keyboard

SoundPeats Cove Pro

SoundPeats Cove Pro

The Quiet Technology Behind the Spin

The Quiet Technology Behind the Spin

Akaso Brave 8 Lite

Akaso Brave 8 Lite

SoundPeats C30

SoundPeats C30

Kioxia Exceria Plus G3 512GB microSD

Kioxia Exceria Plus G3 512GB microSD

be quiet! Dark Perk Mice

be quiet! Dark Perk Mice

XbotGo Chamaleon

XbotGo Chamaleon

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed