Microsoft's earnings beat expectations as cloud business booms

6 years ago
Anonymous $hM_jrxqbr-

https://finance.yahoo.com/news/expect-microsofts-q4-2018-earnings-181757234.html

The tech giant’s Productivity and Business Processes segment, which includes Microsoft Office, saw $9.7 billion of revenue, a 13% year-over-year increase. Interestingly, Microsoft’s More Personal Computing business was up 17% year-over-year, raking in $10.8 billion, and showing that Microsoft still relies on the segment for its overall revenue. More Personal Computing is made up of the company’s Windows, gaming and device offerings." data-reactid="25">The tech giant’s Productivity and Business Processes segment, which includes Microsoft Office, saw $9.7 billion of revenue, a 13% year-over-year increase. Interestingly, Microsoft’s More Personal Computing business was up 17% year-over-year, raking in $10.8 billion, and showing that Microsoft still relies on the segment for its overall revenue. More Personal Computing is made up of the company’s Windows, gaming and device offerings.

That’s likely to change, though, as the PC market stagnates and the company’s cloud business continues its growth pattern. Microsoft’s two biggest competitors in the space include Amazon’s (AMZN) Amazon Web Services and Google’s (GOOG, GOOGL) Google Cloud Platform. Amazon still has the lead on Microsoft in terms of size and revenue, while Google comes in third." data-reactid="26">That’s likely to change, though, as the PC market stagnates and the company’s cloud business continues its growth pattern. Microsoft’s two biggest competitors in the space include Amazon’s (AMZN) Amazon Web Services and Google’s (GOOG, GOOGL) Google Cloud Platform. Amazon still has the lead on Microsoft in terms of size and revenue, while Google comes in third.

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