The Sentiment Is Just Peachy Ahead of This Afternoon's Report — Microsoft Earnings

02 February, 2018, 00:40 | Author: Myrtle Cook
  • Microsoft FY18 Q2 earnings: $28.9 billion in revenue backed by cloud, Office growth

In addition, Columbia Sportswear will be able to manage merchandise globally and streamline operations with increased efficiency, providing the ability to garner valuable insights and improved business intelligence through customized reporting and analytics. Microsoft highlighted that Azure compute usage doubled year over year. Revenue in this segment grew 25% from the same quarter in 2016. Office 365 commercial revenue was up 41%.

(Amazon chief executive is the owner of The Washington Post) Cloud growth drove the bulk of Microsoft's success in its latest quarter, solidifying its second-place position in the market.

By comparison, AWS saw quarterly revenue of just under $4.6bn when it reported its last numbers in October.

The Intelligent Cloud segment - including Azure, Windows Server and SQL server - was also a successful business for the company in the quarter, raking in $7.8 billion in revenue, surging 15% year-over-year. Overall, Microsoft (MSFT) reported better-than-expected earnings ( for its fiscal second quarter, even as the company reported a net loss because of a whopping $13.8 billion charge associated with changes in the US tax code.

"Only Microsoft delivers hybrid consistency, developer productivity, AI capabilities, and trusted security and compliance", he said. "This architectural advantage helps us address existing enterprise workloads and new workloads such as IoT and edge AI". "The company has become a model of consistency".

Nadella offered a deeper insight into Azure uptake when quizzed by an analyst, picking out the United Kingdom as one of the frontrunners when it comes to cloud adoption.

More news: Riyad Mahrez to City

"We clearly see first things happening in the USA and quickly followed by geographies like Germany and the UK. So I think we have a long way to go to still fill up".

KeyBanc analysts wrote in a note earlier this month that Microsoft will reach $40bn in total cloud revenue in 2019.

The cloud might be Microsoft's future, but right now the office is its savior.

Microsoft's biggest revenue generator of the quarter was once again its Windows, Xbox and PC businesses, a group it calls "more personal computing".

Search advertising revenue excluding traffic acquisition costs grew 15% driven by higher revenue per search and search volume. This will be particularly disappointing for Microsoft, given that the first generation Surface Book was instrumental for boosting revenues in the previous quarter, yet the recently launched Surface Book 2 seems to have had a relatively poor reception.



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