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23-07-2018 12:14 3652

MICROSOFT 1

 

The profit of Microsoft in the fourth quarter increased thanks to the cloud technology services, the company's official website reports.

As a result of the financial year Microsoft's revenue for the first time in history has exceeded $ 100 billion. As reported net income made $ 8.8 billion in the quarter, compared with $ 8.07 billion in the same period last year. Microsoft's quarterly profit grew by 17 % to $ 30.1 billion.

The indicator has exceeded market expectations. Intelligent Cloud's profit, including the Azure cloud service and the software for servers, has increased by 23 % to $ 9.6 billion.

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