Microsoft’s solid Q4 bolstered by strong Xbox, Surface numbers

Microsoft’s solid Q4 bolstered by strong Xbox, Surface numbers

The More Personal Computing group, which includes Windows, Surface and Xbox, was up 17 percent to $10.8 billion for the quarter ($42.2 billion for the year).

Switching gears to the More Personal Computing category, revenue increased by 17 percent, moving up to $10.8 billion. Revenue came in at $23.3 billion in the same quarter a year ago.

Helped by a boom in demand for cloud-based software, Microsoft has more than doubled in value since Satya Nadella took over as chief executive in 2014 and refocused the software behemoth on newer businesses.

The Redmond tech company announced a revenue bump of more than 17 percent to $30.1 billion for its fourth quarter of the year, continuing its recent trend of beating Wall Street analyst expectations almost every period. For the 12 months ending on June 30, Microsoft totalled revenues of $110.36 billion, which is a 14 percent jump over its total 2017 performance ($96.57 billion).

United States lawmakers slam Trump as 'weak,' 'cowardly' in summit with Putin
Every major American intelligence agency found that there was such interference by Russian Federation during the election. Trump also attacked special counsel Robert Mueller's investigation, calling it "a disaster for our country".

CFO Amy Hood emphasized, "Exceptional sales execution delivered double-digit revenue growth across all segments and strong progress against our strategic priorities, anchored by commercial cloud revenue". But the star, as always, was Azure, which grew revenues 89 percent.

Xbox Live active users is 57 million, down two million from the previous quarter but up from 53 million a year ago. Microsoft's Surface business also saw significant growth for the quarter, posting a 25 percent gain over the same time a year ago.

The COO also added about the trail of recent acquisitions for the company and how they are looking to bridge the gap between mobile, PC, and console gaming. LinkedIn revenue was up 47 percent. So let's skip those metrics and go straight to the relatable stuff about Microsoft's FY18 Q4 earnings such as, how the company did with its expanding Surface hardware line, Xbox gaming division and how exactly is Windows doing for the company. Dynamics 365 revenue grew 61% (up 56% in constant currency), thanks to new product refresh cycle and key customer wins. Intelligent Cloud's operating margins. Microsoft's gaming revenue has increased by 39%, an increase of $643 million.

All in all, a familiar tale: cloud services are growing (although Microsoft remains reluctant to offer concrete numbers on Azure), and Microsoft seems to be successfully converting customers away from perpetual licenses and over to Office 365.

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