The company's net income rose to $US4.80 billion, or 61 cents per share, in the quarter, from $US3.76 billion, or 47 cents per share, a year earlier. It now amounts to $6.8 billion as compared to $6.1 billion revenue it reported in the same quarter previous year. However, the organic revenue growth (revenue excluding LinkedIn top line) was tepid at 2.8%.
Alphabet, the parent company of Google, declined to disclose revenue from Google Cloud, but CFO Ruth Porat described the business as a major growth engine and "one of the fastest-growing businesses across Alphabet", during the earnings call.
The drop came despite good news from other parts of the personal computing segment, including in Windows OEM revenue (up 5 percent), Windows commercial products and cloud services revenue (up 6 percent) and gaming revenue (up 4 percent). We think Microsoft is successfully solidifying its wide moat around the Office business, with more than 100 million commercial monthly active users on Office 365, and another 26 million consumer subscription have been sold.
Microsoft has won Azure customers like UBS Group, which uses the cloud service for its risk management technology, and chocolate maker Hershey, which relies on Azure's machine-learning service to analyse data coming from sensors tracking the production of its sweets.
Microsoft also, for the first time, reported a revenue growth rate for Dynamics 365, its competitor to Salesforce.com's online sales software. The revenues for the same stood at $8.0 billion. Additionally, LinkedIn added $975 million to the top line in Q3.
Productivity and Business Processes grew 22% to $8.0 billion. Similarly, revenue from Server products and cloud services too has gone up by 15 percent.
Questions about Microsoft Azure and associated cloud services dominated Microsoft's financial results call yesterday afternoon. As a result of these products, the company's cloudrevenue run rate exceeded $15.6 billion. That helped drive Microsoft'sWindows licensing revenue up 5 percent this quarter.
The lower-than-expected revenue in the personal computing division came amid an uptick in the PC market.
Analysts on average had expected revenue of $9.22bn (£7.1bn), so this was a bad miss, especially considering that IDC recently said worldwide PC shipments had risen 0.6 percent in the first quarter of 2017 (the first growth in almost five years). But they can't fall much further: Hood was referring to a forecast of the current quarter ending in June, when sales of all Microsoft-branded phones will apparently trickle off into oblivion. Microsoft can get a premium over AWS because it has the ability to move people up the stack to the business process layer, creating more stickiness and higher growth.
In its earnings report Microsoft claimed that "Operating expenses declined 11 percent from lower Phone expense and Surface launch-related marketing spend in the prior year", to which Thurrot explained that, Microsoft basially saved money by killing Windows Phone and not launching a Surface in the second quarter.
Moscow has stood by Assad, saying the poison gas belonged to rebels, an explanation Washington dismisses as beyond credible. Can Russia abandon Assad? He added there was no talk on Wednesday about a possible Trump-Putin meeting.
This camera setup is capable of shooting 8K stereoscopic video at 30 frames per second (fps) or 5.8K at 60 frames per second. The Google Jump rig was first introduced in early March, and it brought with it a circular array of 16 GoPro action cameras.
Lawyers for both Jenkins-Hernandez and Lloyd's mother, Ursula Ward, asked that the name of the potential buyer be kept sealed. The former New England Patriots tight end was acquitted in the case five days before his suicide.
The result is Call of Duty World War 2, a game with gorgeous graphics, and, hopefully, great gameplay. There's been a lot of talk, hype and rumor in the past few days surrounding Call of Duty: Ghosts .
A masked intruder barged into his CT home, tied up and tortured him, and - when his wife came home - shot and killed her. He is now out on bail but due to appear in court on Friday, April 28. "It is a great tool for investigators".
While Instagram grows , Twitter falters , and many ponder where the ultra-popular microblogging service will go from here on out. Instagram had 500 million users in June previous year , and took about 6 months to reach another 100 million users in December.
Machado was sacked up, he stared into the Sox dugout and both teams were on the top steps as the tension continued to build. Pedroia has not played since getting spiked and is listed as day-to-day. "That's on them", Machado said after the game.
He's been making a lot of tough shots, but we'd rather have that than Marcin getting those easy buckets and getting into a rhythm. That must have been heartening for Raps fans after his miserable game three, and they will be looking for more of the same.
Wales intends to cover general issues, such as U.S. and United Kingdom politics, through to specialist science and technology. Currently, the publication is looking to raise sufficient capital to hire ten full-time professional journalists.
Bournemouth plotting path to safety against Sunderland
They have been behind in games for 20 hours and 20 minutes this season, more than any other Premier League side. Sunderland have not won at home since 17 December, and I can not see that run ending against Bournemouth .
Celtics beat Bulls 108-97, take 3-2 lead in series
In the wake of the Bulls' two home defeats that evened the series at 2-2, Rondo showed up for practice Monday without the cast. Gerald Green added 18 points and seven rebounds while Al Horford had a double-double of 15 points and 12 rebounds.
Get aboard your drone - DJI unveils its own FPV goggles
Well, for starters, it lets you control your drone's yaw or camera tilt simply by moving your head with the Goggles on. Paul Pan, senior product manager at DJI , says that this next step is exactly what DJI users deserve.
North Korea flaunts long-range missiles in birthday parade
As for the Trump administration's policy, the USA officials emphasized that no engagement of North Korea is now taking place. State television showed what appeared to be several KN-08 intercontinental missiles rolled out on trucks at the parade.
USA misunderstands NAFTA, North American business body says
Ross justified the duties by saying Canadian firms "charge a subsidized low price when the products hit the United States border". Yesterday, Trump upped his rhetoric against his neighbours which is something that he had not done over the past few months.
US sets up missile defence in S. Korea as North shows power
An official from South Korea's navy said Tuesday the USS Michigan is making a routine stop to rest its crews and reload supplies. At a House Armed Services Committee, Harris rejected reports that the Carl Vinson group is vulnerable to North Korean attacks.
Britain 'concerned' by North Korea missile test
The parade is inspected by the leader of the North Korea Kim Jong-un who is also the supreme commander in chief. The North is aiming its message at China as well as the U.S. , analysts say.
Why Chobani is suing Alex Jones, right-wing radio host
Chobani was founded by Hamdi Ulukaya , a Turkish immigrant of Kurdish descent who is a vocal supporter of immigrants and refugees. Jones' site averages one major story on Chobani a month, blaming the Greek yogurt manufacturer for most of Idaho's ills.
Uber takes to the skies with next ride-hailing project
It's one of about a dozen companies, both large and small, that are working on prototypes, including Kitty Hawk and Google . Those two factors alone place it out of reach for the average user. "Our modeling has told us that this is all very doable".