Microsoft today announced its earnings for the quarter ending September 30. The firm credits the strength of its digital transformation efforts for the strong results.
“We are off to a great start in fiscal 2019, a result of our innovation and the trust customers are placing in us to power their digital transformation,” Microsoft CEO Satya Nadella noted in a prepared statement. “We’re excited to help our customers build the digital capability they need to thrive and grow, with a business model that is fundamentally aligned to their success.”
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The software giant posted net income of $8.8 billion on revenues of $29.1 billion, jumps of 34 percent and 19 percent, respectively, over the same quarter a year ago.
Key news from the earnings report include:
I’ll dig deeper into Microsoft’s earnings in Friday’s edition of Short Takes on Petri, as usual.
dontbe evil
<p>but but MS, windows 10, xbox and surfaces are falling apart!!! /s</p>
dontbe evil
<blockquote><em><a href="#356825">In reply to MikeGalos:</a></em></blockquote><p>LOL </p><p>pocketnow.com/microsoft-dethrones-amazon</p>