Computers

Microsoft earnings beat expectations thanks to strong cloud performance – TechCrunch

Posted: Friday, July 21, 2017

Following its longstanding tradition of reporting quarterly earnings for its fourth financial quarter of the year in July, Microsoft today announced non-GAAP revenue of $24.7 billion and GAAP earnings per share of $0.83 (and non-GAAP earnings per share of $0.98) for the last three months. Operating income was $7.0 billion non-GAAP. Wall Street expected revenues of around $24.3 billion, which was pretty aggressive to begin with given that this called…

Microsoft stock pops then drops after earnings beat – CNBC

Posted: Thursday, July 20, 2017

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Microsoft just passed a huge cloud milestone – CNBC

Posted: Thursday, July 20, 2017

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Microsoft Office 365 Just Hit a Big Milestone – Fortune

Posted: Thursday, July 20, 2017

Microsoft’s big bet on subscription services is paying off. Amy Hood, Microsoft’s chief financial officer, said Thursday during a conference call for the company’s latest earnings that its Office 365 online workplace tools brought in more revenue than the traditional version of Office that’s installed on people’s computers. This is noteworthy because Microsoft (msft), like many other legacy business software vendors including Adobe (adbe), has been shifting from selling software…

Strong week for earnings winds down with GE and Honeywell – CNBC

Posted: Thursday, July 20, 2017

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Microsoft stock pops after big earnings beat – CNBC

Posted: Thursday, July 20, 2017

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