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.

Related News:

  • House passes GMO labeling bill

    House passes GMO labeling bill

    It includes, for instance, a provision that allows organic food companies to label their products as non-GMO. The fight over whether food makers should label their products that contain GMOs has been raging for years.

    World Anti-Doping Agency recommends banning Russian Federation from Olympics

    McLaren's investigation found that athletes' positive urine samples were swapped out during the 2014 Winter Olympics in Sochi. Assisting the plan was Russia's national security service - the FSB, the current version of the Soviet Union's KGB.

    Trump's Bid to Transform the GOP into the Abusive Daddy Party

    Matthews said he didn't understand why the Republicans would put Smith in prime-time television. Nobody seemed to care", Patricia Smith said.
  • Trump introduces VP pick in first joint appearance

    She's not", Trump said. "Folks would look at me and say, 'Are they good people?' And I'd say, 'They're really good people'". And everybody here knows what those consequences are, but I won't say that because I'm much more interested now in Mike".

    Pre-Season Score: Manchester United Beat Wigan 2-0

    Despite resting players that featured at Euro 2016 , Mourinho still used 22 players on his touchline debut with the club. He said: "With Eric, the way the fans showed how much they liked his performance when I changed him is enough.
    Three things to know: Day 1 of the Republican National Convention

    Three things to know: Day 1 of the Republican National Convention

    He noted that among other candidates outside their parties' establishments, Republican Barry Goldwater lost to President Lyndon B. Nixon in 1972. "John Kasich is being petulant", Manafort told reporters Monday morning at a Bloomberg breakfast.
  • Netflix shares plunge 15% as subscribers give streaming service the cold shoulder

    Analysts estimate that about 20 million subscribers may be forced to pay between $1 and $2 more a month by the end of this year. Wedbush's estimate of 2.25 million, guidance of 2.00 million, and 2.37 million users a year ago .

    Elon Musk says Autopilot upgrade could be coming

    Musk did acknowledge that it will be the largest software update since the original Autopilot software was downloaded. But Musk tweeted that he has no intention of doing so, and that Tesla customers don't want Autopilot disabled.
    Vigil planned for Baton Rouge police at LSU

    Vigil planned for Baton Rouge police at LSU

    I know without a shadow of a doubt he loved his job, and he loved his city. "Knowing this gives me a little peace and comfort". Long set up the latter rifle inside his Chevrolet Malibu rental vehicle for easy access during the shooting, Edmonson said.
  • Judge in Brazil blocks WhatsApp messenger application

    Judge in Brazil blocks WhatsApp messenger application

    The message is a reference to the collaboration between Brazilian anti-extremism forces and their worldwide counterparts. WhatsApp also faces fines of 50,000 reais (£11,700; $15,300) per day until it complies with the judicial order.
    Texas governor joins push to add police to hate crime laws

    Texas governor joins push to add police to hate crime laws

    Under Abbott's proposal, someone assaulting a law enforcement officer would face in a 2nd-degree felony charge. Supreme Court gutted two major provisions in the controversial anti-abortion law in Texas, Republican Gov.
    Man knifes mother and three daughters at French holiday park

    Man knifes mother and three daughters at French holiday park

    French media reported that the suspect was staying in the same resort with his wife and fled the scene before being arrested. The Moroccan man attacked them in the Alpine holiday resort Colombe, southern France, at 10am in the morning.


Most liked

Obama offers Turkey's Erdogan help in prosecuting coup plotters
European Union officials have warned that Turkey's bid to join the bloc would be finished if Ankara restored the death penalty. The failed coup and the subsequent crackdown followed moves by Erdogan to reshape both the military and the judiciary.

Giuliani Gives Fiery Speech at GOP Convention Calling for a Safe America
During his mayoral administration, Giuliani received national acclaim for presiding over a sharp downturn of violent crime. He acknowledged that some of these incidents were "unjustified" and expressed sympathy for the families of those who died.

Root ready for No 3 role
However, the Lord's Test will be only the ninth time in his career that Broad has taken the field without his senior partner at the other end.