Save Austin Fair Yudala banner
Microsoft income doubles in Q4

By Ovunc Kutlu on 22/07/2017

Share on facebook Yahoo mail icon Gmail icon

Views: 459


 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...
Expect more bombings, militants tell FG; We’re ready...

Runaway Nyako sighted in Paris

Buhari’s 2018 Budget Speech an empty ritual —...

Jonathan mandates Uduaghan, Presidency, Petroleum Ministry on new...

Intersociety moves to checkmate ‘desperate rigging forces’ ahead...

EL-RUFAI, A SERIAL LIAR —President Jonathan

Okorocha tasks accountants on fight against corruption

Children takeover at World Children’s Day

NDIC releases 2015 annual report

Adegboruwa writes Senate, AGF; demands information on Magu’s...

Anioma Queen advocates massive youth employment in Delta...

Court fines Patience Jonathan, dismisses suit against EFCC...

 

Latest News Dangote begins construction of job centre in Abia BOI, Unity Bank in court over N150m loan Presidential committee to destroy 5,000 illicit weapons in Zamfara •Over 1,000 destroyed in Benue, Katsina Senate overrules Okpara Varsity VC, orders recall of 400 sacked staff Bankers aid money laundering in Nigeria, says Ribadu Nigeria signs Joint Declaration on Economic Cooperation with European Free Trade Association PDP convention: Reconciliation Committee to address grievances, says Dickson Ijaw youths vow to fish out killers of British aid worker FG’s priority is to create better environment for investments — Udoma Deposition threat, an affront to Ibadan people — Olubadan 15,000 innocent civilians killed under Buhari’s watch — Intersociety •Slams atrocity perpetrators and their agents Lagos seals Chisco, Ifex, GUO, other transporters’ offices

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (300,929 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (285,794 views) Shameless Genevieve Nnaji exposes breasts in public (230,464 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (193,430 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (183,449 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (170,067 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (147,184 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (132,559 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (130,577 views) Lagos plane crash: Journalist releases victims’ names (119,036 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (115,502 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (112,129 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (33) Business (2,819) Business Verdict (28) Columnists (776) Complaints & Requests (94) Enterprise & Opportunities (195) Entertainment (419) Features (522) Global Business Monitor (193) International (1,687) Interviews (138) Live Commentary (28) Love Matters (92) News (30,972) Opinion (845) Pidgin (9) Politics (4,210) Religion (653) Sports (1,381) Stock Watch (25) AMA & Al Jazeera Global Update

 

CBN Banner advert

CBN Words on marble

 

 

MOBO Awards

 

APO Group Partner

 

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!

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!