- Microsoft (NASDAQ:MSFT) reports Q4 results with EPS and revenue beats and a cloud performance that justified the company's shifting focus to Azure.
- Intelligent Cloud revenue was $7.4B, up 11%, with Azure revenue growing 97% to drive the server products and cloud services am up 15%. But the Enterprise Services arm dropped 3% due to declines in customer agreements.
- Productivity and Business Processes revenue was up 21% on the year to $8.4B with a 13% growth in Office consumer sales and $1.1B in LinkedIn revenue.
- Personal Computing revenue was down 2% to $8.8B due to falling Windows Phone sales and a 2% drop in Surface revenue as new products came to market.
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Press release.
- Microsoft shares are up 1.16% aftermarket.
- Previously: Microsoft beats by $0.27, beats on revenue (July 20)