Special Report: Managing the Multicloud (free PDF)
This ebook, based on the latest ZDNet / TechRepublic special feature, examines how to play multiple cloud providers off each other and what vendors and tools can help you manage multiple clouds.
Microsoft’s fiscal fourth quarter handily exceeded expectations as the company commercial cloud revenue was up 49% to $11 billion and Azure grew at a 64% clip.
In fact, there were few Microsoft products that didn’t generate revenue growth.
Microsoft reported fourth quarter net income of $13.2 billion, or $1.71 a share, on revenue of $33.7 billion, up 12%. Non-GAAP earnings were $1.37 a share.
Wall Street was looking for Microsoft to report fiscal fourth quarter revenue of $32.77 billion with adjusted earnings of $1.21 a share.
CEO Satya Nadella said that the company is landing more multi-year commercial cloud agreements. Meanwhile, Microsoft said Azure margins improved.
In the fourth quarter, revenue from the Intelligent Cloud unit showed growth of 19% to $11.4 billion. That sum topped revenue of $11 billion from the Productivity and Business Processes (Office, Dynamics, LinkedIn) group.
Microsoft’s More Personal Computing unit had fourth quarter sales of $11.3 billion, up 4% from a year ago. Windows revenue was carried by commercial and OEM products. Surface revenue was up 14%. Windows 10: Has Microsoft cleaned up its update mess? (Spoiler: no)
For the year, Microsoft reported net income of $39.2 billion, or $5.06 a share, on revenue of $125.8 billion. The net income tally was boosted by a $2.6 billion tax benefit.
Microsoft spent $16.87 billion on research and development for fiscal 2019, up from $14.73 billion in fiscal 2018.
See the latest on Microsoft from Mary Jo Foley and Ed Bott.
By the numbers: