Surface revenue jumped 25 per cent to $1.1 billion, "driven by strong performance of the latest editions of Surface" says Microsoft, while gaming revenues increased by 39 per cent.
The results-for both the quarter and the entire fiscal year-can only be described as astonishing, especially when you consider that Microsoft is in the midst of a transition from its old business model to one that is focused on cloud computing.
"We had an incredible year, surpassing $100 billion in revenue as a result of our teams' relentless focus on customer success and the trust customers are placing in Microsoft", said Satya Nadella, CEO, Microsoft. We're investing aggressively in content, community, and cloud services across every end-point to expand usage and deepen engagement with gamers.
On a conference call with investors, Nadella attributed the strong results in part to a recent reorganization of the company's engineering teams to prioritize cloud computing and artificial intelligence over its legacy software products and Windows operating system.
For the full year, Microsoft said it earned $16.6 billion on $110.4 billion in revenue.
Analysts surveyed in advance by Yahoo Finance expect Microsoft to post earnings of $1.08 on $29.2 billion in revenue.
Even Bing, Microsoft's search engine that most people consider a bit of a flop when compared to Google, did well, growing 17% year on year in the fourth financial quarter of 2018.
Revenue from productivity products (consumer and commercial Office software and cloud services, LinkedIn, Dynamics products) grew 13% to $9.7 billion.
Intelligent Cloud revenues were $9.6bn, up 20 per cent. Server business revenues were up 24 per cent. Meanwhile, Office consumer products and cloud services revenue was up by eight percent, with Office 365 consumer subscribers increasing to 31.4 million. Sales of Office 365 software rose by 38 per cent.
Server products and cloud services revenue increased 26 per cent driven by Azure revenue growth of 89 per cent. That's down slightly from an increase of 93 that the business reported in the third quarter.
On the gaming side, which includes everything from Xbox hardware to Xbox Live subscriptions to revenue from games made by Microsoft as well as other studios, the company reported its first ever $10 billion year.
The sport paid for that unlimited access Thursday when unruly spectators interrupted the most iconic climb of the Tour de France . Froome, who finished fourth, four seconds behind, refused to talk to reporters afterward. "It's unreal", Thomas said.
James Comey has urged "all who believe in this country's values" to vote for the Democrats in the upcoming midterm elections. Comey's warning came amid ongoing controversy surrounding President Donald Trump and Russian President Vladimir Putin .
Trump admitted: 'I accept our intelligence community's conclusion that Russia's meddling in the 2016 election took place'. Scott stopped short of criticizing Trump by name, mindful of the president's high standing among Republicans in Florida.
The Trump administration has also angered key allies by imposing tariffs of steel and aluminum imports earlier this year. China does not have the wherewithal to match the USA on tariffs, but it has other tools.
If the Fed moves too aggressively, however, it could curb economic activity so severely that it helps to provoke a recession. Last month, the Fed raised its benchmark rate for a second time this year and projected two more increases in 2018.
They noted that "properly cooked turkey products" are fine and advised consumers to "always handle raw turkey carefully". The CDC doesn't recommend feeding raw diets to pets , as it can sicken the pet as well as any humans handling the food.
It should not be based on, for example a family photograph, family story, or any source other than direct experience. The research team then examined the earliest memory descriptions in terms of content, language, nature, and details.
When analyzing fastest carriers, Ookla considers all carriers with 3% or more of total test samples in the market for the period. Mike Haberman, Verizon's Vice President of Network Operations, said Verizon believes it's the clear victor in Ookla's report.
Getty A close-up of Trump's "There was no colusion" note. "It´s 24 hours too late, and in the wrong place", Schumer said. Trump said it was "sort of a double negative", adding, "I think that probably clarifies things pretty good by itself".
Seven people injured at the plant were taken to Pella Regional Health Center, hospital spokeswoman Billie Rhamy said. A drone image shows severe damage at the Vermeer Corporation facility in Pella, Iowa, on Thursday, July 19, 2018.
Trump says looks forward to second Putin meeting
This came mere seconds after Putin admitted in a press conference that he had be hoping for him to win over rival Hillary Clinton. But Coat's remarks at the came amid reported Russian claims that the two leaders reached unspecified agreements in their meeting.
Tiger Woods snubs kids asking for autographs at The Open
Having said this, Woods' actions don't speak that of a confident, upbeat golfer excited about his chances at the event. Despite some of the similarities in firmness, Woods said that Carnoustie presents a different challenge off the tee.
Olympic Figure Skater Denis Ten Murdered in Kazakhstan
According to a statement from Kazakhstan's Interior Ministry, two suspects from the murder have been identified, Reuters reports . Kazakh figure skater Denis Ten , who won bronze at the 2014 Sochi Olympics , died in hospital after being stabbed in Almaty.
Rory McIlroy and Tommy Fleetwood climb up the leaderboard
Marc Leishman remained defiant despite letting a golden start to the British Open slip with a deflating back-nine collapse. It was a stark contrast to the dry and sunny conditions on Thursday, making Fleetwood's round look even more impressive.
White House Says 'Threat' From Russia Still Exists
At the outset of the gathering, Trump upbraided allies for not living up to an agreement on how much they should pay for defense. Eric Swalwell (D-Calif.) was even more forceful in threatening the president if the administration agrees with Putin's proposal.
Jupiter's moon count reaches 79, including tiny 'oddball'
Confirmation of the moons required multiple observations, and those data enabled a calculation of the moons' orbits. The twelfth moon has already earned a proposed name, despite being only about two-thirds of a mile in diameter.
Talks underway for Putin visit to Washington, White House says
Asked the question Wednesday, he "no" answer put him sharply at odds with recent public warnings from his own intelligence chief. To represent that moment, visual artist Nancy Burson merged the faces of Donald Trump and Vladimir Putin into a still image.