Microsoft revenue crosses $100bn 

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.