microsoft outpaces expectations boosted by surge
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Microsoft outpaces expectations, boosted by surge

Arab Today, arab today

Arab Today, arab today Microsoft outpaces expectations, boosted by surge

Redmond - UPI

Microsoft posted better than expected fiscal third quarter results, buoyed by strong Office 365 subscriptions and the performance of its enterprise unit. The tech company reported $20.4 billion in revenues and $7 billion or 68 cents per share in profits. Analysts has estimated $20.4 billion in revenues and a profit of $5.3 billion or 63 cents per share. The better than expected results sent Microsoft shares up in after-hours trading. The results were the first under the leadership of CEO Satya Nadella and offered a mixed bag -- with Microsoft's cloud services doing very well, while the company's flagship software Windows was a little dull on account of the shakiness in the PC market. This is also the last quarter before before Nokia is added to Microsoft's revenue mix, with analysts expecting Nokia to lower Microsoft's profit margins and earnings. Microsoft's enterprise business, known as commercial licensing, delivered as per expectations, with a revenue of $10.32 billion, up from $9.98 billion a year ago. On the commercial side, server product revenue was up 10 percent, SQL Server sales jumped more than 15 percent and Windows volume licensing revenue was up 11 percent from a year ago. Nadella said that the results "demonstrate the strength of our business, as well as the opportunities we see in a mobile-first, cloud-first world." Nadella, who took over in February, has said that his mission is to turn the software giant into a devices and services company.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

microsoft outpaces expectations boosted by surge microsoft outpaces expectations boosted by surge

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

microsoft outpaces expectations boosted by surge microsoft outpaces expectations boosted by surge

 



GMT 15:56 2013 Thursday ,31 January

Business with pleasure

GMT 08:43 2017 Friday ,17 November

Bulldog Skincare For Men launches Age Defence Range

GMT 21:42 2017 Friday ,08 December

Al Masly: country’s market attractive

GMT 10:16 2015 Sunday ,25 October

Robot adapts speech to get your attention

GMT 16:47 2017 Friday ,08 September

Pakistan not to take brunt of others fiasco: Air Chief

GMT 06:10 2017 Tuesday ,07 March

Cultural gems that are part of world heritage

GMT 10:27 2015 Monday ,06 July

Mini to launch ‘Clubman’ in 2016

GMT 07:05 2017 Monday ,06 November

Young Engineers in the Making at SIBF 2017

GMT 17:05 2017 Saturday ,07 October

Formula One: Hamilton one of best all time, says Wolff

GMT 10:25 2017 Thursday ,14 September

Greece fumbled oil spill response

GMT 10:21 2017 Thursday ,26 October

US Congress passes $36.5 bn
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday