Microsoft posts earnings, announces Windows Phone giveaways
Highly rated gadgets
-
9.1
Apple iPhone XS Max
-
8.5
Xiaomi Mi A2
-
8.0
BlackBerry Motion
-
10.0
Nikon Z 7
-
10.0
FujiFilm X-T3
-
9.0
Sony WH-1000XM3
-
9.0
Panasonic LUMIX LX100 II
-
9.0
FujiFilm XF10
-
9.1
Apple iPhone XS
Microsoft has posted its latest quarterly results, revealing a record revenue of $17.37 billion, a 7% increase over the year-ago period and ahead of market expectations. Net income was $5.74 billion, up 6%. Redmond expects to close the present quarter with $28.6 to $29.2 billion in revenue, including its $8.5 billion Skype buyout.
Microsoft's Business division, which contains Office, contributed the most to last quarter's revenue, raking in $5.62 billion, up 8%. The Windows and Windows Live division was a close second with $4.87 billion in revenue, a 2% increase on-year. The Server and Tools segment followed, posting $4.25 billion in revenue, up 10% YoY. »read more
More at: TechSpot Add additional source
Filed in: Microsoft