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Microsoft revenue crosses $100bn
Highlights
Riding on its growing Intelligent Cloud portfolio and early investments in Intelligent Edge, Microsoft has surpassed 100 billion in revenue for the first time in fiscal year 2018
San Francisco: Riding on its growing Intelligent Cloud portfolio and early investments in Intelligent Edge, Microsoft has surpassed $100 billion in revenue for the first time in fiscal year 2018.
For the fourth quarter that ended on June 30, the tech giant reported revenue of $30.1 billion and net income of $8.9 billion. Revenue has increased 17 per cent year over year, and net income is up 35 per cent, the company said.
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