Friday, January 27, 2017

Microsoft’s Profit Rises 4 Percent, as Cloud Business Booms - The New York Times

Also see Microsoft's Azure cloud business almost doubled in the past year (Recode)

"For the quarter, Microsoft reported net income of $5.2 billion, or 66 cents a share, compared with $5.02 billion, or 62 cents a share, during the period a year earlier.

Revenue rose to $24.09 billion from $23.8 billion a year ago.

With adjustments to exclude results from LinkedIn and the impact of nearly $2 billion in deferred revenue related to its Windows 10 operating system, Microsoft earned 84 cents a share and revenue of $25.84 billion, exceeding the estimates of Wall Street analysts, who also excluded those items from their forecasts."
Microsoft’s Profit Rises 4 Percent, as Cloud Business Booms - The New York Times
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