Thanks in part to its colossal cloud business, Microsoftearnings are drenching shareholders in dollars.
Revenue at Microsoft's productivity and business processes unit, which includes Office 365, rose 17 percent to $9 billion, topping analysts' average expectation of $8.73 billion, according to Thomson Reuters.
Microsoft's next earnings report will be on July 19, and it will also have an end-of-year report.
Amazon is several times bigger than Redmond, Washington-based Microsoft in the cloud-infrastructure market, but doesn't focus on the work productivity-apps space.
The Azure cloud offering had 93 per cent revenue growth. Overall, LinkedInrevenue grew by 37% (33% CC).
The Intelligent Cloud unit saw its own 17% boost, up to $7.9 billion.
This includes $9.92bn, up 13 per cent, year on year, from personal computing stuff: Windows, Surface and similar hardware, gaming, and search ads.
"We think folding Windows into the new Experiences and Devices division, which is led by a former Office executive, sends a strong signal of the supporting, and not leading, role Windows will likely take in coming years, and we like the continued emphasis on hybrid cloud and [artificial intelligence]", Stifel analysts Brad Reback wrote recently.
The company has about 30.6 million Office 365 consumer subscribers in the third quarter of the fiscal year of 2018.
Microsoft Corp on Thursday topped for quarterly profit as the technology company signed up more businesses to its Azure cloud computing services and Office 365 productivity suite.
Microsoft stock is up 10 percent since the beginning of 2018.
The company reported $3.5 billion in capital expenditures, its highest level yet and up 66 percent year over year. In addition to the growth of its cloud business, Microsoft also recorded wins from LinkedIn, which saw revenue increase 37% and Surfacerevenue increasing 32%.
Former Prime Minister Nawaz Sharif's daughter and senior PML-N leader Maryam Nawaz said Asif was disqualified in a "fixed match". Talking to a private news channel on Thursday, he said that he reserves the right to challenge verdict of the IHC.
The 29-year-old said he has since gone to see some of the shooting victims in the hospital and they all remembered him. Reinking is accused of opening fire outside the restaurant early Sunday and then storming the Waffle House .
The Blazers need a coach just as determine if not more determine to win, names like Mark Jackson and David Fizdale comes to mind. At 25, Davis has spent multiple years as the "Best player in the National Basketball Association to never win a playoff series".
Unlike Diana, who spent two nights in the hospital before Harry's public debut, Kate left just seven hours after she gave birth. So it's no surprise the floral smock she wore to meet the newborn prince has already sold out online.
I promise that Josh Allen will not be any good which is why I am also positive the Browns will draft him, it's just what they do. Even so, General Manager Steve Keim has always been willing to fortify a strength, as last year's choice of Baker proved.
Dozens of members of the Armenian community gathered in Montebello on Sunday for an event to commemorate the Armenian Genocide . April 24 at the same time reminds us about our greatest losses and the fact how firm, unbending and vital we are.
There will also be an orchestra conducted be Christopher Warren-Green who will be joined by Welsh soprano Elin Manahan Thomas. Her fairytale story is coming true and we can not stop gushing over Prince Harry and Meghan's upcoming wedding in May.
Amazon said today (April 26) that the price of Prime, its signature membership program, will jump 20% to $119 from $99 in the US. Ellie Mae reported Thursday that it had first-quarter earnings of $2.2 million (6 cents per share).
Joseph James DeAngelo, 72, the alleged Golden State Killer , was arrested Wednesday. "We just have nothing at this point". That crime was followed by rapes in the Northern California area, including Stockton, Modesto, Davis, and the East Bay.
Infielder-outfielder Jace Peterson was designated for assignment, and infielder Tyler Wade was optioned to Scranton/Wilkes-Barre. Torres is the Yankees' No. 1 overall prospect and the top shortstop prospect in all of baseball, according to MLB Pipeline.
Geopolitics Beat Fundamentals To Lift Oil Prices
Oil prices have bounced back over the past 24 hours, with Brent crude oil back above $74 a barrel and close to its recent highs. Said Greg McKenna, chief market strategist at futures brokerage AxiTrader, "The market does look a little toppish".
Sky backs away from Murdoch as Comcast makes £22bn cash bid
Murdoch too much control over the country's news media, given his ownership of newspapers like The Times of London and The Sun ". The numbers underscore a strategy shift in the USA away from cable-TV viewers and toward the sale of broadband service.
Xiaomi Mi 6X with SD 660 SoC and Dual Rear cameras Launched
It has a different design and form factor with a smaller battery , a different camera and the latest version of Android. The rear camera is 12MP+20MP with the 12MP sensor sporting f/1.75 aperture, while the 20MP sensor has f/1.8 aperture.
Semis line interstate in Detroit to help save suicidal man
The trucks lined the highway underneath the overpass so that if the man did jump, his fall would be shortened, Fox 2 reports . The Michigan State Police, Huntington Woods and Oak Park Police all worked together to keep the man from jumping.
Amazon launches direct-to-your-ride delivery option
Customers can track when their vehicle was unlocked and relocked through the app, which also provides a way to rate the service. The company will be launching the new service in partnership with two major automaker companies- General Motors and Volvo .
Man who trained dog to 'Nazi' salute is fined
He had denied any wrong-doing and insisted he made the video, which was posted in April 2016, to annoy his girlfriend. He tweeted: "A man has been convicted in a United Kingdom court of making a joke that was deemed "grossly offensive".
Juventus midfielder Cuadrado: We're still in control of title
The match was a nail-biter, with Napoli nearly notching an early goal when winger Lorenzo Insigne fired a shot that went wide. Chiellini has already begun therapy but no other details were provided by the club regarding the length of recovery.
Hundreds of South African soccer fans riot at game
A statement by the club confirmed that Komphela had resigned with immediate effect as head coach of Kaizer Chiefs . Stadium authorities said 18 people were injured in the riot, five of whom were taken to hospital.