Microsoft announced Friday its third-Quarter results for the fiscal year 2017, with Revenue of $ 23.6 billion, net income of $ 5.7 billion, earnings per share of $ 0.73, and revenue of $ 22.1 billion In the third quarter of 2016, net income of about $ 5 billion, and earnings per share increased by about $ 0.62.
Analysts had expected the company to generate revenue of $ 23.6 billion and earnings per share of $ 0.70, which meant the company could beat its fourth-quarter results. Analysts were expecting analyst results and exceeding estimates of earnings per share.
The company said it returned $ 4.6 billion to shareholders and shareholders in the form of stock repurchases and dividends this quarter. The results were broken down into three separate groups: personal computing, Cloud computing, productivity and business operations.
“Our results for this quarter reflect customer confidence in Microsoft cloud services, and large multinationals, SMEs, non-profit companies around the world and organizations are using Microsoft’s cloud platforms for their digital transformation,” Microsoft CEO Sathia Nadla said in a statement.
Revenue from the personal computing sector, which includes the results of Windows system licenses in general and hardware in particular, including Surface computers, smartphones and the Xbox gaming platform, dropped 7 percent to $ 8.8 billion.
Windows OEM revenue rose 5 percent, with trade rising by 10 percent and non-commercial by 1 percent, while Surface computers revenue fell 26 percent from $ 1.11 billion in the third quarter from 2016 to 831 Billion in the third quarter of 2017.
The Surface Pro 4 and Surface Book continued their journey, but the launch of the Surface Book i7 did not affect as expected, as did the hopes for Surface Surface 5 and Surface Book 2.
Phone revenues fell by $ 730 million, and Xbox platform revenues rose about 4 percent this quarter thanks to Xbox Live, with much waiting for Project Scorpio.
While advertising revenues from search rose by 8 percent, due to the introduction of Windows 10, which emphasizes the integration of search engine Bing Bing with the operating system.
Cloud computing revenue, which includes server and service offerings including Windows Server and Azure cloud storage, grew 11 percent to $ 6.8 billion.
Revenue from server and cloud products increased by 15 percent. Revenue from the Azure cloud storage segment accounted for the largest, growing 93 percent, but Azure’s service utilization did not decline year after year, as did previous quarters.
Microsoft’s business cloud computing business has exceeded two-quarters of $ 10 billion in two quarters and the company still expects to reach $ 20 billion by 2018.
Productivity and business processes
The results showed the growth of the production and business operations sector, which includes the results of Office Office and Office 365 (both commercial and consumer), up 22 percent to $ 8 billion.
The Office 365 package added 1.3 million subscribers to the quarter after adding fewer than 1 million subscribers per month in three consecutive quarters to 26.2 million subscribers.
Revenue from Office Office and cloud services grew 7 percent, with office 365 revenue rising 45 percent, driving revenues consistently, similar to what Office had done when it was a traditional business service.
LinkedIn, a Microsoft-owned company in a $ 26.2 billion acquisition last month, generated revenues of $ 975 million.Viewing:-18
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