Indiaherald Group of Publishers P LIMITED

X
close save
crop image
x
TM
Mon, Jan 21, 2019 | Last Updated 3:03 am IST

Menu &Sections

Search

"We had an incredible year, $100 billion in revenue: Microsoft CEO Satya Nadella

"We had an incredible year, $100 billion in revenue: Microsoft CEO Satya Nadella
"We had an incredible year, $100 billion in revenue: Microsoft CEO Satya Nadella
http://apherald-nkywabj.stackpathdns.com/images/appleiconAPH72x72.png apherald.com

Reports stated after riding on its growing Intelligent Cloud portfolio and early investments in Intelligent Edge, Microsoft has surpassed $100 billion in revenue for the first time in fiscal year 2018. Meanwhile for the fourth quarter that ended on June 30, the tech giant reported revenue of $30.1 billion and net income of $8.9 billion. Accordingly revenue has increased 17% year over year, and net income is up 35%.



Meanwhile Microsoft stock jumped over 4% in after hours trading as it beat Wall Street expectations. Satya Nadella, CEO, Microsoft said "We had an incredible year, surpassing $100 billion in revenue as a result of our teams' relentless focus on customer success and the trust customers are placing in Microsoft and our early investments in the intelligent cloud and intelligent edge are paying off, and we will continue to expand our reach in large and growing markets with differentiated innovation”.

"We had an incredible year, $100 billion in revenue: Microsoft CEO Satya Nadella

Amy Hood, Executive Vice President and Chief Financial Officer of Microsoft said "Exceptional sales execution delivered double digit revenue growth across all segments and strong progress against our strategic priorities, anchored by commercial cloud revenue growing 53% year over year to $6.9 billion”.

"We had an incredible year, $100 billion in revenue: Microsoft CEO Satya Nadella

"We had an incredible year, $100 billion in revenue: Microsoft CEO Satya Nadella
5/ 5 - (1 votes)
Add To Favourite
More from author
CM Chandrababu Naidu unveiled NTR statue
Hyderabad Police booked 12 Websites for publishing defamatory article
GHMC shelving its plan to revise property tax rates
Again old rupee notes in Chennai!
World's first genetically modified child!
Edappadi checks food quality!
Will DMK intervene in Mekedatu project?
Prakash Raj to contest election as an Independent from Bengaluru-Central constituency
Religion politics have not fared well in the South
Paytm's New Feature adds benefit to Partner Merchants
Deepika Padukone titled World's Most Beautiful Bride
Amazon's New Year Sale delivery makes Record!!!
Lord Vishnu statue carved from a monolithic block reached Singarapettai
Jio New Year Offer recharges done between December 28, 2018, to January 31, 2019
437 CCTV Cameras installed in Chennai, Kilpauk Jurisdiction
High Court Justice orders 37 ISPs to block 12,000 Websites
Trump cancelled his own participation in Davos, citing row over his proposed wall
Telangana & AP extended time limit for interstate transfers
Trump coming out with reforms giving H-1B visa holders certainty to stay in US
SC appoints Ombudsman for Hardik & Rahul comments
Rakesh Asthana ousted from CBI!
TASMAC surpasses Petta!
Congress MP's trolls Amit and gets criticism!
World's top four Richest Celebrity list with their individual net worth
RBI Governor to cut Interest Rates
PhonePe seen a remarkable growth in 2018 in offline business
Vijayashanthi questions Why TRS shows fake statements
SC orders protection for counterfeit travelers in Sabarimala issue
Boxing Legend Muhammad Ali name for US Airport
Reliance Jio Net Profit jumped to 65%
Arun Jaitley to increase Income Tax Slabs Tax Rate
Ola Money Postpaid offers a 15 day credit line to passengers
Chill breeze to prolong for 4 days in Tamilnadu
DMK Chief MK Stalin to attend Mamata Banerjee's Party meet on January 19
Low cost Airline Scoot to adds 3 new South Indian cities
Telangana new Assembly session begins with new Speaker
About the author

Bharath has been the knowledge focal point for the world, As Darvin evolution formula End is the Start ... Bharath again will be the Knowledge Focal Point to the whole world. Want to hold the lamp and shine light on the path of greatness for our country Bharath.