Boeing to move aviation analytics to Microsoft Azure

Boeing to move aviation analytics to Microsoft Azure

The company's cloud business, led by Azure, was up 120 percent last quarter as Microsoft closes the gap with market leader Amazon. That gain helped to offset losses in the Personal Computing division, which was down 4 percent, dragged by a 70 percent decline in revenue from mobile phones. Additionally, while the Street understands the logic behind LinkedIn's planned acquisition as a transitional accelerator for Microsoft to cloud computing, they aren't exactly happy with the deal's $26.2 billion price tag, by far the company's largest acquisition ever.

For the end of the company's fiscal year, Microsoft brought in revenue of $85.3 billion GAAP, and $92.0 billion non-GAAP with net income of $16.8 billion GAAP, and $22.3 billion non-GAAP. Azure revenue had grown 120 percent year-over-year while its server products and cloud services revenue had increased 5 percent.

Microsoft on Tuesday reported earnings that easily topped expectations as the company continues to shift from a traditional software seller to a provider of cloud-based services.

Its stock was up as much as 4% in after hours trading following the release. Non-GAAP earnings for the fourth quarter was 69 cents a share on non-GAAP revenue of $22.6 billion.

Zika In Utah: A Case That Would Baffle Holmes And Dr. Watson
The deceased patient had traveled to an area outside the country where Zika is circulating and apparently caught the virus there. CDC expert Dr Erin Staples said: "The new case in Utah is a surprise, showing that we still have more to learn about Zika".

"This past year was pivotal in both our own transformation and in partnering with our customers who are navigating their own digital transformations", said Satya Nadella, chief executive officer at Microsoft.

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. The company said revenue was hurt by currency by about 3%. EPS in 4Q16 are expected to come in at $0.58, a decline rate of 6.45% from $0.62 per share a year earlier.

While its cloud performance has been strong, the performance of Windows 10 has been less than it hoped for.

Windows OEM Pro revenue increased 2 percent while non-Pro revenue jumped 27 percent.

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