Microsoft cloud annualized run rate passes $20 billion
27 October, 2017, 00:53 | Author: Yolanda Murray
Despite doom and gloom about its platforms, Microsoft had no problem impressing investors and analysts this quarter, generating earnings of $0.84 per share, well beyond the $0.72 per share analysts were expecting.
The company reported a total of $24.538 billion in revenue, which is a 12% (11% in constant currency) increase from previous year, which was $21.928B.
Gaming revenue was down 1 percent, as Microsoft prepares for the launch of the Xbox One X console on November 7.
Something Microsoft can be proud of is the report that the company exceeded its goal of $20 billion in annualized revenue run rate for its commercial cloud business, which includes Azure cloud, the Office 365 productivity suite and Dynamics 365, the company's enterprise resource planning and customer relationship management tool.
Microsoft handily beat analysts' expectations for the first quarter of its fiscal year, as its quarterly profit rose 16 percent on the strength of its commercial cloud business.
"Our results reflect accelerating innovation and increased usage and engagement across our businesses as customers continue to choose Microsoft to help them transform", said CEO Satya Nadella in a statement. This quarter, those numbers turned around as Surface revenue grew 12 percent.
More Personal Computing: Revenue was $9.4B and down 1% in constant currency.
Operating income was $7.7 billion and increased 15%. As for the Xbox division, revenue increased by only 1 percent, Xbox software and services revenue growth saw an increase of 21 percent offset by lower hardware revenue.
While the Azure cloud platform is included in this number, Microsoft sadly doesn't break out Azure revenue numbers.
The technology giant's net income rose to US$6.58b in the first quarter, from US$5.67b a year earlier.
South Africa Whitewash Bangladesh in ODI Series
Dane Paterson was the pick of South Africa's bowlers with three for 44, while Markram completed a memorable debut with two for 18. There is no rush for du Plessis to return to action with South Africa's worldwide calendar blank until Boxing Day.
Bell is now accused of assaulting double the number of students listed in an earlier indictment from July. Bell was first hired by Charles County Public Schools (CCPS) in October 2014 as an assistant at J.P.
Everton hit straight back through Calvert-Lewin, who pounced to convert a loose ball after a strong run from Oumar Niasse. The lads flew into their tackles, and in the second half deserved more than the one goal they got.
Availability in the first half of 2018 will be limited to select customers, with a general release planned for later in the year. Google has focused on helping cloud customers become more competitive using data analytics and artificial intelligence tools.
The investigation was headed up by the Internet Crimes Against Children Task Force that involved both the FBI and the LAPD. A source who requested anonymity said Mr Paddock was taken into custody on Wednesday morning.
A PC version was also mentioned in the game's initial announcement last August, but was conspicuously not mentioned here. Metal Gear Survive will feature a single-player campaign and a co-op mode that supports up to four players.
If you don't know who Cardi B is, you'll likely know her after today. "Albany is known for being racist", she began in one video . That's when Cardi was woken up and asked to join them, causing her [to call the staff "racist motherfuckers"] in the lobby.
The women said Toback would tout his success in Hollywood and lured them into a meeting, interview or audition for a role. At the time , she blamed herself: "I felt like a prostitute, an utter disappointment to myself, my parents, my friends".
Tedros, the first African to hold the WHO post , had taken to social media to express divergent interpretations. The appointment is "laughable", said Obert Gutu, the spokesman for MDC, the main opposition party in Zimbabwe .
Overall, 64 percent of Americans support legalizing marijuana , according to the poll , which was taken October 5 to 11. Eight out of nine marijuana-related ballot measures were approved during the November 2016 election.
It isn't just Xbox One games that are getting the Xbox One X enhanced treatment when the console launches next month. In related news, by the arrival of these titles, the control of the Xbox Original for Xbox One will also re-launch.
For new hero Valkyrie , this process involved Thompson and Waititi designing the MCU version of the character together. The addition of Jeff Goldblum as the Grandmaster was genius too, he's great in the film.
Rain And Cooler Temperatures On The Way
Temperatures will be in the mid-60s around midnight and may be the highest for the day Monday as a strong cold front moves in. Thursday and Friday: Mostly clear to partly cloudy, mild and breezy days with afternoon temperatures in the mid to upper 70s.
How to Pay Your Friends in Facebook Messenger
In the same piece of news, PayPal announced that it has chose to introduce its first PayPal customers service bot for Messenger . PayPal is rolling out this functionality to the Facebook Messenger app, and it will be available to U.S consumers from today.