tinyfav.com March 23, 2018

Microsoft Cloud Push Gains Ground on Azure, Office 365

27 October 2017, 12:53 | Hattie Nash

Microsoft earnings: 84 cents a share vs 72 cents EPS expected

Satya Nadella chief executive officer of Microsoft Corp. smiles during the Microsoft Developers Build Conference in Seattle Washington U.S. on Wednesday

Something Microsoft can be proud of is the report that the company exceeded its goal of $20 billion in annualized revenue run rate for its commercial cloud business, which includes Azure cloud, the Office 365 productivity suite and Dynamics 365, the company's enterprise resource planning and customer relationship management tool.

Under chief executive Satya Nadella, Microsoft's cloud business - which includes products such as Office 365, Dynamic 365 and the flagship Azure computing platform - has emerged as a major growth driver.

Overall, Microsoft posted $6.58 billion in net income, or 84 cents a share, compared with a profit of $5.67 billion, or 72 cents a share, a year ago. At the same time, as new data centers come online and become more efficient, Microsoft has been making progress in increasing the profitability of these services, with commercial cloud gross margin widening to 57 percent.

SA vs Ban Series: 200-run win for South Africans
After Du Plessis had been carried off the field, Markram ran himself out for 66, with a one-day worldwide century in his sights. While du Plessis was named the Player of the Match, de Kock won the Player of the Series honours after piling up 287 runs.

Policemen Killed In Clashes With Terrorists In Egypt
Fifteen militants, who were reported to belong to an extremist group called Hasm, also died in the attack. However, the group did not claim any affiliation to the Muslim Brotherhood.

Hillary Clinton Subject of 2 New GOP Investigations
Recently, President Trump and Fox News have been harping about "real" Russia story - Hillary Clinton selling uranium to Russians. Nunes said he wants to find out why Congress was not informed about any FBI investigation into the matter.

Microsoft today announced its quarterly earnings for its first financial quarter of 2018 (yes, I know it's early, but that's how Microsoft's financial quarters work). Azure margins were also helped by developments in the core hardware and software, she said. Microsoft doesn't break out revenue for its Windows business. It is a market where Microsoft competes with Salesforce.com Inc., among others, and one in which the company has placed growing emphasis. Xbox software and services jumped up 21 percent overall to make up for losses in hardware sales. The rise in subscription sales for Azure and for corporate and consumer versions of Office 365 also provides more stable and recurring revenue.

Despite Microsoft's More Personal Computing division remaining relatively flat (which, historically is a good thing) there were gains to be had for a few standout products. The segment declined earlier in 2017 owing to aging Surface Pro products that consumers shunned.

Operating income was $7.7 billion and increased 15%. Industrywide, global PC shipments fell 3.6 percent in the period, according to Gartner Inc. The company had guided for between $23 billion and $23.7 billion, and in the year-ago quarter. Analysts had estimated $8 billion.

Other News

Trending Now

Dustin Pedroia will be out until late May following knee surgery
Pedroia made two trips to the disabled list (29 days combined) during 2017 because of left knee inflammation. Dustin Pedroia (knee) is not expected to return to full baseball activity for seven months.

GDP growth stronger than predicted but 'squeeze' continuing
GDP only rose by 0.3% in both the first and second quarter, partly due to a slowdown in the dominant service sector. Output from the services sector remains unchanged from the previous quarter at 0.4 per cent.

Cuomo signs bill banning use of e-cigarettes indoors
This summer, the State Assembly added e-cigarettes to the state's Clean Indoor Air Act, and the measure was passed by the Senate. WIVB.com provides commenting to allow for constructive discussion on the stories we cover.

Don Lemon calls Fox News hypocritical after reports of O'Reilly settlement
All that has not only been reported by the Times , but also now confirmed by 21st Century Fox themselves. The Times characterized the sum to Wiehl as "extraordinarily large".

Watch Katy Perry get stuck in floating stage malfunction
Katy Perry performs some of her greatest hits and new music onstage at Madison Square Garden on October 2, 2017 in New York City.

Taika Waititi would never do Star Wars movie
However, the talented director does not want to take a crack at a Star Wars movie as he feels he's not suitable. The only Star Wars movie I think Taika Waititi might be good at directing is a Boba Fett film.

Kid Rock: 'F*ck no, I'm not running for Senate.'
Bannon, the former chairman of Breitbart News, was reportedly hoping that Ritchie would unseat Democratic Senator Debbie Stabenow of MI .

Amazon customers in some Pa. cities can get deliveries inside their homes
Amazon Cloud Cam , an intelligent indoor security camera that lets you keep track of your home at an affordable price. It will be available from November 8 in 37 cities across the USA and will be rolling out to more locations over time.

India says Myanmar must take back Rohingya Muslims
Myanmar doesn't recognise Rohingya as an ethnic group and insists that they are Bangladeshi migrants living illegally in the country.

Nearly 40 women accuse film director James Toback 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. In the wake of the Harvey Weinstein scandal, another high-profile name has been accused of sexual harassment by several women.