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Microsoft quarterly earnings up 49%

Microsoft quarterly earnings up 49%
Microsoft has published financial statements for the fourth quarter of the 2018-2019 fiscal year, which ended June 30.
In April-June 2019, net revenue grew by 12% to $ 33.7 billion. Microsoft shows double-digit revenue growth for the ninth consecutive quarter, CNBC said, citing FactSet.
Net income increased by 49% to $ 13.19 billion, or $ 1.71 per share. Growth surpassed analysts' forecasts.
Revenue from the Azure cloud platform grew by 64%, the lowest growth rate in four years, CNBC said. Microsoft does not disclose absolute sales figures.
According to research firm Canalys, which Reuters quotes, Azure occupies 14.6% of the cloud computing market, second only to Amazon Web Services, with a share of 32.8%.
Azure, along with Windows Server, Visual Studio and GitHub, is part of the Intelligent Cloud line, which brought the company $ 11.4 billion in revenue per quarter. For the year, revenue in this area amounted to $ 38.9 billion.
The quarterly revenue of the Productivity and Business Processes area, which includes the Office 365 and LinkedIn office suites, grew by 14% to $ 11.05 billion. By the end of the year, this segment brought Microsoft $ 41.2 billion.
Sales of Windows, Xbox, and Surface increased by 4%, to $ 11.3 billion for the quarter. At the end of the year, the revenue of this segment was $ 45.7 billion. The income of the gaming unit fell by 10% compared to the same period a year earlier.
At the end of the fiscal year, Microsoft's total revenue grew by 14% to $ 125.8 billion. Net profit increased by 137% to $ 39.2 billion.
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