Microsoft Announces Record Fiscal Year

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Microsoft has reported the financial results for the quarter ended June 30, 2019, revealing that the performance in this fourth quarter helped it achieve a record fiscal year.
 
The software giant says revenue was up 12% in FY19 Q4 to reached $33.7 billion, while operating income jumped 20% to $12.4 billion. For the full year, revenue increased 14% to total $125.8 billion, while operating income was $43 billion, which is up 23%.
 
“It was a record fiscal year for Microsoft, a result of our deep partnerships with leading companies in every industry,” said Satya Nadella, chief executive officer of Microsoft.
“Every day we work alongside our customers to help them build their own digital capability - innovating with them, creating new businesses with them, and earning their trust. This commitment to our customers’ success is resulting in larger, multi-year commercial cloud agreements and growing momentum across every layer of our technology stack.”

SOURCE: https://news.softpedia.com/news/microsof...6759.shtml