Conclusion: Although Microsoft is one of the largest companies in the world, Microsoft is not slowing down. The Windows maker has released its fiscal quarterly and annual financial results that exceeded expectations, marking its first $ 100 + billion year.
Microsoft's fourth-quarter revenue reached $ 30.1 billion, up 17 percent from a year ago, and surpassed analyst forecasts of $ 29.2 billion. The profit increased by 10 percent to 8 billion US dollars.
Results for the full fiscal year were as impressive as record sales of $ 110.4 billion, up 14 percent from $ 96.6 billion in fiscal 2017, but net income declined 34 percent However, this was due to the taxpayers, as they brought their overseas cash under the tax reforms of the Trump Administration in the United States. Without this burden, the annual income increased by 1
As usual, Microsoft's commercial cloud segment, which covered Azure, Office 365, and Dynamics 365, was responsible for much of the revenue. It rose 23 percent to $ 9.6 billion for the quarter, reaching $ 32.2 billion for the year, an increase of 15 percent.
The More Personal Computing group, which includes Windows, Surface and Xbox, increased 17 percent to $ 10.8 billion for the quarter ($ 42.2 billion for the year). The decline in the category shows that the Surface line performs well with a 25 percent jump in sales, 7 percent Windows PC revenue, and a massive 39 percent gaming revenue.
"We had an incredible year, exceeding our $ 100 billion in revenue, a result of our team's relentless focus on customer success and customer confidence in Microsoft," said Microsoft CEO Satya Nadella.
"Our early investments in the intelligent cloud and the smart edge are paying off and we will continue to expand our reach in large and growing markets with differentiated innovation."