Microsoft Corporation (MSFT) Q1 Earnings Beat As Azure Sales Surge 90%
Microsoft Corporation (MSFT) Q1 Earnings Beat As Azure Sales Surge 90%
Microsoft CEO Satya Nadella at the Geek Wire Summit
27 October, 2017, 00:50
That said, cloud revenue continues to dominate Microsoft's earnings, raking in nearly $20 billion this past quarter.
Productivity and Business Processes rose 28% to $8.2 billion on the back of a 10% increase in Office commercial products and cloud services, which includes a 42% increase in Office 365 commercial revenues.
Microsoft said commercial cloud annualised revenue run rate reached US$20.4b in the quarter. With no new console on sale, revenue is sure to be hard to come by as the company looks to invigorate its smaller user base into more digital transactions.
The technology giant's net income rose to US$6.58b in the first quarter, from US$5.67b a year earlier.
As in previous quarters, the numbers most of us pundits are going to focus on revolve around Microsoft's cloud efforts.
Kid Rock: Of course I'm not running for Senate
Rock told them no, but encouraged them to "roll with it for awhile". "Are you fucking shitting me?" Ritchie added, "Everybody. Rock also addressed the misconception that there's nothing better than having really great sex with a really hot woman.
House GOP Is Investigating Obama-era Uranium Deal
Recently, President Trump and Fox News have been harping about "real" Russia story - Hillary Clinton selling uranium to Russians. What was the uranium deal? Last week, the Senate Judiciary Committee also announced that it would be investigating the matter.
Microsoft reported a profit of 84 cents per share, up 17 percent from a year ago, beating out analyst predictions of a 72-cent profit, and logged revenue of $24.5 billion, up 12 percent and exceeding analysts' expectations of $23.56 billion. Windows OEM revenue went up by just four percent and commercial Windows and cloud services increased by seven percent. But the big number as always was Azure revenue, which grew 90 percent.
"Our results reflect accelerating innovation and increased usage and engagement across our businesses as customers continue to choose Microsoft to help them transform", said CEO Satya Nadella in a statement. The rest is a 2% (2% in CC) increase in server revenue.
More Personal Computing: This segment, which includes results for Windows licensing and devices (Surface, phones, and Xbox), was flat at $9.4 billion. Surface hardware sales jumped 12 percent largely driven by the new Surface Laptop.
On the Xbox front, Microsoft says hardware revenue declined significantly - due to lower pricing and fewer sales - but overall revenue still ticked up ever so slightly thanks to increased Xbox Live transactions.
The country's gross domestic product was US$1.85 trillion previous year , making it the eight largest economy in the world. But while Asian billionaires now outnumber their USA counterparts, the Americans still control more wealth in total.
One of those sacks, however, was a game-clinching sack of new Seahawks teammate Russell Wilson in 2014. With 122.5 sacks on his resume, it's safe to say Freeney is already a first-ballot Hall of Famer.
The Galaxy Note 8 and S6 edge users can also check for the update manually by heading to Settings About Device System Updates. If you're not seeing the update just yet, just sit tight and wait for that OTA notification, which should be arriving soon.
On Tuesday, the election board cancelled a planned briefing with journalists on preparations for the polls. On Monday, the International Crisis Group, a global think-tank, called for a delay in the election.
Theresa Lockhart's sister called up Christopher Lockhart when she learned her sister had gone missing, Huffington Post reported. After she vanished, cellphone activity and cellphone usage ceased, and none of her family heard from her.
COPYRIGHT VIOLATION NOTICE: This news story was originally reported by Week Herald and is the property of of Week Herald. Over the course of the past year LLY has set a 52-week high of $89.09 while the corresponding low set was $64.18.
All 13 #Original Xbox games will have enhanced 1080p resolution , higher and/or smoother framerates, and improved loading times . More original Xbox games are coming to the Xbox One in Spring 2018, thanks to the magic of Microsoft's backward compatibility.
NFL Commissioner Roger Goodell and some owners reiterated their belief that players should stand for the anthem. Kaepernick had been taking meetings with publishers recently at the NY office of his talent agency, WME.
The [ECMU] provided formal certification that it was neither funded by nor directed by a government or political party". The Podesta Group was paid $1 million for the campaign, according to a CNN report , and Mercury LLC received $720,000.
An exact release date hasn't bee announced yet, but we'll be sure to bring you that information as soon as it becomes available. That's rather disappointing, as it'd be preferable for them to have another go at a port and (ideally) get it right this time.
Rotary Club of Hyderabad Deccan holds Polio Day
On Monday in Greensburg, the Greensburg Rotary Club gathered for its annual "This Close" photo of members. Since 2013, the foundation has matched $1 for each dollar that Rotary has raised.
UK GDP growth pips expectations
In particular, computer programming, motor traders and retailers were the businesses that showed the strongest performance. On a yearly basis, economic growth held steady at 1.5 percent in the third quarter, which was in line with expectations.
Cooler temperatures, strong winds to start workweek
Look for the showers and storms to approach the I-55 corridor mid to late morning and move west to east through Sunday Night. A warm front will lift through our area Thursday and bring a rise in the temperatures to the low 60s and a mostly sunny sky.
Cuomo signs bill banning use of e-cigarettes indoors
E-cigarettes often contain toxic chemicals in addition to nicotine, something bystanders should not be forced to breathe. And many major cities, including Boston, New Orleans and Chicago have complete bans on the books as well.
Court Grants Undocumented Teen Access to Abortion
Department of Health and Human Services said they found the decision to be a "troubling ruling that exceeds the U.S. Instead they took her to a counseling session at a religiously-affiliated, anti-abortion crisis pregnancy center.
ESPN Pulls 'Barstool Van Talk' After One Episode
ESPN president John Skipper announced Monday the network is killing " Barstool Van Talk ", effective immediately. ESPN said in a statement , "We have no record of this ever being brought to our attention.
British Man Imprisoned In Dubai For 'Touching Man's Hip'
Mr Harron from Stirling, had been working in Afghanistan and was on a two-day stopover in the United Arab Emirates at the time. Jamie Harron has been in Dubai since July after having his passport confiscated following his arrest for touching a man's hip.
30-Plus Women Accuse Hollywood Writer of Sexual Harassment
Louise Post , the guitarist and vocalist for indie rock band Veruca Salt, said she met Toback in 1987 and went to his apartment. Eight of the 12 movies Toback has directed were released after the Spy article; two were released after the Gawker articles.