The US tech giant reported its net income increased 10 percent to $8.8 billion (roughly Rs. 50,500 crores) on revenue that was up 17 percent to $30.1 billion (roughly Rs. 2.07lakh crores) when compared with the same period previous year.
In a press release accompanying the news, Nadella said: "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 [.] Our early investments in the intelligent cloud and intelligent edge are paying off, and we will continue to expand our reach in large and growing markets with differentiated innovation". Intelligent Cloud's operating margins.
According to a ZDNet report, the biggest contributor to the milestone in income generation was Microsoft's cloud service, which includes Azure, Office 365 and Dynamics 365. Azure is gaining traction and is now sitting at 16% overall cloud market share versus Amazon Web Services which has around 32% based on recent market data.
"We're investing aggressively to build Azure as the world's computer", Nadella said, referring to Microsoft's cloud computing platform that competes with services run by Amazon and Google.
As Deutsche Bank analyst Karl Keirstead said in a research note, "That magnitude of acceleration at Microsoft's scale speaks to strong execution and cloud traction as well as a very healthy overall corporate IT spending backdrop".
Microsoft posts bumper Q4, with Windows, Surface, Azure all up
Office commercial products and Cloud services revenue increased 10 per cent, driven by Office 365 commercial revenue growth of 38 per cent.
The business technology giant reported earnings per share of $1.13, which beat analyst expectations of $1.08.
Microsoft ended the fourth quarter with 31.4 million Office 365 consumer subscribers.
Notably, this marks the end of Microsoft's 2018 fiscal year.
Wall Street wasted no time in reacting with Microsoft shares hitting all time highs this morning opening at $108 before settling to about $106 in afternoon trading, a roughly 2% gain for the day. For the 12 months ending on June 30, Microsoft totalled revenues of $110.36 billion, which is a 14 percent jump over its total 2017 performance ($96.57 billion). "The combination of Xbox Live, Game Pass subscriptions and Mixer are driving record levels of growth and engagement".
It has already slapped additional taxes on U.S. soy beans and pork exports - a move created to target Trump's rural voter base. A second tranche of US$16 billion (RM65 billion) in products is under review and could soon be added to the U.S. measures.
Trump tells Fox News' Sean Hannity that Putin "said as strongly as you can say it, they have no information on Trump". Saying "not only were Trump's comments imbecilic, he is wholly in the pocket of Putin".
In one tweet , Hayden expressed agreement with an analysis that Trump believes Putin more than American intelligence agencies. The two presidents will later hold a joint press conference to introduce the results of their meeting, Xinhua reported.
A post-NATO trip to Britain, supposedly America's partner in a "special relationship", was riddled with controversy as well. A total of 64 percent of people questioned said they saw Trump as a greater threat to world peace than Putin (16 percent).
Grimes described Chesna as a 42-year-old Iraq and Afghanistan war veteran who leaves behind a wife and two children, ages 4 and 9. Chesna was a veteran of the US Army, which he joined "to open doors to become a police officer", Grimes said.
Sonic Drive-In: The chain's Chili Cheese and All American Hot Dogs are $1 at participating locations Wednesday. On July 18, get 14-ounce Ball Park Angus Franks for $1.99 each and eight-pack hot dog buns for $0.99 .
He said: 'The substance of the charge in the complaint is overblown, ' and insisted Butina only wished to network with Americans. The charge was brought the US Attorney for the District of Columbia and do not appear to stem from Mueller's investigation.
Jubilant Brexiteers believe Brussels will now reject the so-called Chequers plan, forcing May to think again. Mr Davis told BBC's Newsnight: "I made a decision which was based on a difference of principle".
Amazon is hoping its deals, available only to Prime members, are a hit with customers as it's raising the price of the program. An Amazon spokesperson was asked for a comment but 12 hours later we have not got any comment from Amazon Australia.
Target is unleashing its own super-sale to battle Prime Day
In addition, Amazon has invested over €15 billion in Europe , and created over 65,000 permanent jobs since 2010, the company said. Amazon rarely has trouble handling high traffic volumes and its security is unlikely to be breached by a hacker, he said.
Fresh Trump confusion over Russian Federation meddling
White House Press Secretary Sarah Huckabee Sanders later said Trump's "no" meant that he didn't want to take questions. Rand Paul defended the president on "CBS This Morning," saying the president "did a good thing" by meeting with Putin.
Batwoman TV Show Is Happening at The CW
A live-action Batwoman television series is in development at the CW for a possible 2019 debut, according to Deadline . Casting is about to begin for an actress to play Batwoman in the DC crossover event in December.