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Microsoft’s FY16 Q4 overall report card: exceeding estimates while it continues to the cloud
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Published onJuly 19, 2016
published onJuly 19, 2016
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Microsoft has justannounced its fourth quarter earnings report for the fiscal year 2016and upon its news, the market has blessed the company with a pleasant four percent bump in after-hours trading for its stock.
The reason for the increase is the seemingly unexpected performance of Microsoft’s transition from being packaged software and arguably failed hardware manufacturer to lean and focused cloud company which also happens to steadily deliver a device in high commercial demand.
The nuts and bolts of Microsoft’s earnings reportamount to a company-wide revenue increase of $22.6 billion, which tops last year’s delivery of $22.18 billion and bests market expectations of the marginal increase of $22.14 billion. As it pertains to more finite financials, investors saw an increase or earnings per share to the tune of $0.69 after adjustments, again beating expectations of a decline from last years $0.60.
While the overall picture for Microsoft’s continued ascension to the cloud appears rather buoyant at the moment, investors are eying the company’s pace during the move. There have been rumors that Microsoft board members are seeking a quicker push into the cloud to compete with the likes of Amazon, IBM and Google.
For now, Microsoft appears content to highlight its growing revenues in several foundational businesses its cloud growth will require in the coming months and years.
Microsoft’s quarterly business highlights include:
Productivity and Business Processes
Intelligent Cloud
More personal computing
There we have it, all the good and a little bit of the bad from Microsoft’s FY16 Q4 earnings report. The overall consensus appears to be that, while many journalists continue to harp on the company’s missteps in mobile, its transition to becoming a cloud staple is fully underway. Led by Office 365 becoming a platform unto itself and continually adding to the amount of contracts under Azure, Microsoft is quickly leaving behind its legacy dependency on Windows and side stepping mobile hardware competition to b-line it straight to the next embattled computing landscape.
Kareem Anderson
Networking & Security Specialist
Kareem is a journalist from the bay area, now living in Florida. His passion for technology and content creation drives are unmatched, driving him to create well-researched articles and incredible YouTube videos.
He is always on the lookout for everything new about Microsoft, focusing on making easy-to-understand content and breaking down complex topics related to networking, Azure, cloud computing, and security.
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Kareem Anderson
Networking & Security Specialist
He is a journalist from the bay area, now living in Florida. He breaks down complex topics related to networking, Azure, cloud computing, and security
