GTB 737 banner Yudala banner

Microsoft income doubles in Q4

By Ovunc Kutlu on 22/07/2017

Share on facebook Yahoo mail icon Gmail icon

Views: 399


 Net income at Microsoft more than doubled in the April-June period, the software giant announced Thursday.

The tech company’s net income for the fourth quarter of its 2017 fiscal year rose 109 percent to $6.51 billion, from $3.12.

Revenue increased 13 percent to $23.32 billion, from $20.61 billion.

“Innovation across our cloud platforms drove strong results this quarter,” CEO Satya Nadella said in a statement.

Revenues from the company’s intelligent cloud jumped 11 percent to $7.4 billion.

Microsoft stock increased 4 percent to $77.20 in after-hours trading, after it closed Thursday at $74.22.

During trading hours, shares reached an all-time high of $74.30, Microsoft a market capitalisation of $570.5 billion.

Microsoft is currently the world’s third most valuable company behind Apple and Google’s parent company, Alphabet. (Anadolu Agency)

 

Source News Express

Posted 22/07/2017 2:56:41 PM

 

Share on facebook Yahoo mail icon Gmail icon


 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

 

You may also like...
Yakowa: GOD KNOWS BEST, says widow as ex-Governor...

Army declares Chief of Staff’s Facebook accounts fake,...

JAMB to use CCTV footage to catch exam...

El-Rufai reduces commissioners from 24 to 13, scraps...

FG to train 500,000 youths on agriculture, skill...

Solar Lighting: IFC/World Bank target 90 million Nigerians...

UNILORIN set to graduate 69 First Class students...

Group berates Gov Dickson for disrupting Federal High...

Bayelsa polls: Ijaws in FCT, youth groups endorse...

Awoniyi’s heroic performance gives U-23 team AAG ticket...

UN bids farewell to Osotimehin

Airtel, Huawei, Microsoft partner for Windows Smart Phone...

 

Latest News 13 reported dead as suicide bombers go on rampage in Maiduguri IPOB spits fire, tells FG to produce Nnamdi Kanu without further delay Grade Level 16 civil servant who committed suicide was a cheat — Kogi State Government Police kills man transporting Indian hemp in Anambra Fund shortlists 30 innovations for 2017 Changemaker Challenge Fidelity Bank sponsors world’s biggest entrepreneurial TV programme Nigeria, Turkey to collaborate in fight against terrorism, arms smuggling PDP not playing expected role of opposition party — Dickson Lagos trains 5,000 pupils on domestic violence, child abuse preventive techniques PenCom explains delay in gratuity payment Abuja Chamber lauds VP’s economic planning, development efforts EU denies favouring Buhari during 2015 Presidential election, commends Jonathan for accepting defeat

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (288,020 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (270,788 views) Shameless Genevieve Nnaji exposes breasts in public (218,539 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (184,033 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (179,662 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (162,407 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (140,778 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (128,809 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (123,802 views) Lagos plane crash: Journalist releases victims’ names (114,281 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (112,249 views) APC cries foul as PDP’s Fayose takes early lead in Ekiti governorship election (104,590 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (30) Business (2,733) Business Verdict (24) Columnists (758) Complaints & Requests (93) Enterprise & Opportunities (183) Entertainment (396) Features (497) Global Business Monitor (187) International (1,589) Interviews (134) Live Commentary (28) Love Matters (79) News (29,544) Opinion (826) Pidgin (8) Politics (3,993) Religion (645) Sports (1,340) Stock Watch (23) AMA & Al Jazeera Global Update

 

UBA mobile app

CBN Words on marble

 

 

#MonkeyPox outbreak

 

APO Group Partner

 

CLASSIFIED ADS

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement



 

 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!