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Following Microsoft's Earnings report last Thursday, the company enjoyed a smooth uphill with its stock value in after-hours trading. Riding on the strong of greater than expected Microsoft Azure Cloud earnings, Microsoft beat all estimates by a margin: earnings per share were announced at $1.14, versus $1.08 expected (GAAP), and revenue was declared at $30.1 billion, versus $29.2 billion expected. That's an extra billion dollars in revenue for all intents and purposes - and stock pricing increased by more than the additional revenue did, with investors expressing confidence on "strong guidance".
Productivity and Business Processes, with Microsoft Office, was up 13% from the year-ago period, to $9.7 billion. Intelligent Cloud, which encompasses the Microsoft Azure cloud-computing platform and related technologies, was up 23%, to $9.6 billion. And More Personal Computing, which includes Windows, the Xbox, and the Surface hardware business, was up 17%, to $10.8 billion (7% up in the Windows business alone). The Azure folder was the one with the most growth, by far: it saw revenue growth of 89% from the same period in 2017. LinkedIn revenue went up 37% from the same time last year, and gaming revenue saw a 39% increase - a boost not related to hardware, but Xbox software and services, which accounted for 36% of that figure. The Surface business is up 25% from this time last year, something Microsoft credits to both a strong hardware lineup this year and a less than stellar 2017 performance.
View at TechPowerUp Main Site
Productivity and Business Processes, with Microsoft Office, was up 13% from the year-ago period, to $9.7 billion. Intelligent Cloud, which encompasses the Microsoft Azure cloud-computing platform and related technologies, was up 23%, to $9.6 billion. And More Personal Computing, which includes Windows, the Xbox, and the Surface hardware business, was up 17%, to $10.8 billion (7% up in the Windows business alone). The Azure folder was the one with the most growth, by far: it saw revenue growth of 89% from the same period in 2017. LinkedIn revenue went up 37% from the same time last year, and gaming revenue saw a 39% increase - a boost not related to hardware, but Xbox software and services, which accounted for 36% of that figure. The Surface business is up 25% from this time last year, something Microsoft credits to both a strong hardware lineup this year and a less than stellar 2017 performance.
View at TechPowerUp Main Site
