Microsoft Reports Strong Q3 2019 Results

Microsoft:

Microsoft Corp. today announced the following results for the quarter ended March 31, 2019, as compared to the corresponding period of last fiscal year:

  • Revenue was $30.6 billion and increased 14%

  • Operating income was $10.3 billion and increased 25%

  • Net income was $8.8 billion and increased 19%

  • Diluted earnings per share was $1.14 and increased 20% […]

“Demand for our cloud offerings drove commercial cloud revenue to $9.6 billion this quarter, up 41% year-over-year,” said Amy Hood, executive vice president and chief financial officer of Microsoft.

Azure is way up, but Office and even Windows are up too. Satya Nadella’s Microsoft is doing really well, and to me seems well-positioned for the future.

(One amusing side note: The press release was obviously written in Word and exported to HTML. Just look at the source. The items in the bullet list (which list is not an <ol> but instead a bunch of <span> elements) start with a Unicode middle dot followed by a space, then 7 consecutive non-breaking spaces. Microsoft is still Microsoft.)

★ Wednesday, 24 April 2019