Without the charge, the company’s earnings per share would have been $0.62.
Advertisement
“This past year was pivotal in both our own transformation and in partnering with our customers who are navigating their own digital transformations”, Microsoft CEO Satya Nadella said in a statement.
Interestingly, Microsoft noted in a slide presentation for investors that revenue from licensing patents dipped in the quarter.
While we’re sure Microsoft would love to take credit for reducing flight delays, Boeing and Redmond’s cloud collaboration does aim to use Cortana Intelligence and Azure’s IoT suite to work on predictive aircraft maintenance, fuel optimisation, airline systems, and the overall passenger experience.
Revenue from Azure, the company’s corporate cloud platform, doubled in the quarter ended June 30.
The technology company’s big bet on cloud computing is paying off. Sales from Microsoft’s cloud division hit $6.7 billion in the most recent quarter, a 7% gain from the same quarter a year earlier.
Microsoft has landed Boeing as one of its latest high-profile Azure customers, adding fuel to its cloud battle with rival Amazon. In Q3, it reported that its run rate was $9.4 billion.
Microsoft’s earnings report marks its first since the announcement of its agreement to buy LinkedIn.
Productivity and Business Processes (this includes Office, consumer Office, and Dynamic, among other products): $7.0 billion, compared to $6.3 billion in revenue in the last quarter. Judson Althoff, Microsoft executive vice president, Worldwide Commercial Business shared that “Working with Boeing, we can help businesses across aviation to become more adaptive, innovative and intelligence-driven, including airlines, operators, suppliers, support, and service providers”.
Revenue in More Personal Computing declined 4% to $8.9 billion where phone revenue dropped71%.
Advertisement
Windows OEM Pro revenue increased 2 percent while non-Pro revenue jumped 27 percent. Non-GAAP revenue, which reflects Windows 10 sales deferrals, was $92 billion.
