The result­s showed the "strong­est commer­cial quarte­r ever," for Micros­oft, said chief financ­ial office­r Amy HoodSAN FRANCISCO: Microsoft on Thursday posted quarterly earnings that trounced expectations, citing growth in partnerships with companies on technology and cloud computing services. Microsoft’s profit in the fiscal fourth quarter that ended June 30 was helped by at $2.6 billion tax benefit, according to the company. Microsoft reported growth across all its businesses except Xbox gaming unit where revenue declined 10 per cent. Revenue from productivity and business processes division that includes business and consumer cloud services as well as career-focused social network LinkedIn was up 14 per cent to $11 billion, according to the earnings report. Microsoft missed mobile dominance by ‘tiny’ marginSurface revenue growth was “surprising” considering the overall personal computer market was flat, according to Moorhead.

Source: The Express Tribune July 19, 2019 08:37 UTC