microsoft English news | microsoft, Latest News & Live Updates in English | English News (Latest English News) at Lokmattimes.com

The tech giant returned $7.9 billion to shareholders in the form of dividends and share repurchases in the first quarter of fiscal year 2020 an increase of 28 per cent compared to the first quarter of fiscal year 2019."The world's leading companies are choosing our cloud to build their digital capability. We are accelerating our innovation across the entire tech stack to deliver new value for customers and investing in large and growing markets with expansive opportunity," Microsoft CEO Satya Nadella said in a statement late Wednesday.The company reported $11.1 billion in revenue for productivity and business processes up 13 per cent.Office Commercial products and cloud services revenue increased 13 per cent, driven by Office 365 Commercial revenue growth of 25 per cent.Revenue in Intelligent Cloud was $10.8 billion and increased 27 per cent. Server products and cloud services revenue increased 30 per cent, driven by Azure revenue growth of 59 per cent."It was a strong start to the fiscal year with our commercial cloud generating $11.6 billion in revenue for the quarter, up 36 per cent year over year," said Amy Hood, executive vice president and chief financial officer of Microsoft.Office consumer products and cloud services revenue increased 5 per cent, with continued growth in Office 365 Consumer subscribers to 35.6 million. Office 365 commercial monthly active users surpassed 200 million this quarter.LinkedIn revenue increased 25 per cent."Marketing Solutions remains our fastest growing segment, up 44 per cent year-over-year, as marketers leverage our community-based tools to connect with LinkedIn, nearly 660 million members," said Nadella.Revenue in aMore Personal Computing' was $11.1 billion and increased 4 per cent. Windows OEM revenue increased 9 per cent while Windows commercial products and cloud services revenue increased 26 per cent.Significantly, Surface laptop revenue decreased 4 per cent despite Microsoft launching new products in the category."Earlier this month, we unveiled our broadest Surface lineup to date, including two new dual screen devices coming next year. We are reimagining every layer with how we infuse AI from silicon up to device form factors and the role of operating systems to help people be more productive and creative in a multi-sense, multi-device world," explained Nadella.( With inputs from IANS )

MicrosoftFOLLOW

Microsoft, Latest News

The UK-based Internet Watch Foundation (IWF) has revealed that nearly half of the child abuse content in the social media space is being shared openly on micro-blogging platform Twitter. ...

Cybercriminals are using enterprise-based development and deployment strategies, such as phishing as a service (PaaS), to leverage some of the worlds largest tech brands, with 42.63 per cent of domains observed targeting Microsoft, PayPal, DHL, and D ...

Facial recognition software can categorise the gender of many men and women with remarkable accuracy but if that face belongs to a transgender person, such systems get it wrong more than one third of the time, says a new study. ...

Surprised at the US Department of Defense (DoD) decision to award a $10 billion Pentagon contract to Microsoft, Amazon's Cloud arm Amazon Web Services (AWS) has said it is evaluating options. ...

Beating frontrunner Amazon, Microsoft on Friday won the lucrative $10 billion Cloud-computing contract from the US Department of Defense known as "JEDI", the short-form for the Joint Enterprise Defense Infrastructure cloud project. ...

In a major transformation for avid gamers, the arrival of Cloud-based game streaming services like Apple Arcade, Google Stadia and Microsoft Project XCloud is set to rejig the whole experience from traditional PC or mobile-driven gaming. ...

The US Department of Defence on Friday awarded its Joint Enterprise Defense Infrastructure (JEDI) cloud computing contract worth USD 10 million to Microsoft, bringing an end to a closely scrutinized contest involved compes like Amazon, Oracle, Google ...

24 Riding on its commercial Cloud and Office business, Microsoft has posted $33.1 billion in revenue with $10.7 billion in net income (an increase of 21 per cent) for its first quarter of fiscal year 2020. ...