From Ars Technica
Microsoft has posted the results of the fourth quarter of its 2018 financial year, running up until June 30, 2018. Revenue was $30.1 billion (up 17 percent year-on-year), operating income was $10.4 billion (up 35 percent), net income was $8.8 billion (a rise of 10 percent), and earnings per share were $1.14 (an increase of 11 percent).
This brings the full-year revenue to $110.4 billion (up 14 percent on the 2017 financial year), with operating income of $35.1 billion (up 21 percent) and net income of $16.6 billion, a drop of 35 percent, attributed to the impact of the Tax Cut and Jobs Act’s $13.8 billion repatriation tax. Without that, the company would have been looking at a net income of $30.3 billion, up 18 percent on 2017.
Microsoft currently has three reporting segments: Productivity and Business Processes (covering Office, Exchange, SharePoint, Skype, and Dynamics), Intelligent Cloud (including Azure, Windows Server, SQL…