Tag Archives: Azure

Microsoft beat Wall Street

Software Powerhouse Microsoft Corp beat Wall Street expectations for quarterly revenue on Tuesday. They have a strong demand for the software giant`s cloud-based services from the pandemic-triggered shift to hybrid work models.

Some companies lost big during the pandemic, but Microsoft profited big from it as individuals and organizations turned to products like Outlook and Teams workplace messaging app. People shifted their behavior as they were working from home during the pandemic.

But it seems like people loved the idea to work from home because after the economies opened up again, people and businesses tend to use a hybrid model of allowing staff to alternatively work from home. And that is strengthening Microsoft`s cloud services, including their flagship cloud offering Azure.

Microsoft reported revenue of $49,36 billion in the third quarter, compared with $41,7 billion a year earlier.

Net income rose to $16,73 billion, or $2,22 per share, in the quarter ended March 31, from $15,46 billion, or $2,03 per share, a year earlier.

«Continued customer commitment to our cloud platform and strong sales execution drove better-than-expected commercial bookings growth of 28% and Microsoft Cloud revenue of $23,4 billion, up 32% YoY,» Chief Financial Officer Amy Hood said in a news release.

For the current quarter, Microsoft expects to generate sales of $52,8 billion, based on the midpoint of its guidance. That matches Wall Street`s target for the June quarter. In the year-earlier period, it posted $46,2 billion in sales.

Microsoft stock fell 3,7% on Tuesday to close at 270,22 amid a broad market sell-off, but in after-hours trading (as I write this article), the stock is up 4,47%. It happened on a day were Nasdaq plummeted 3,7%, while Tesla went down 12,18%. I have been following Microsoft since the 90s, and this is one of the few that survived the dot-com bubble. This company continues to impress.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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Microsoft and Baidu plan to explore opportunities to deliver connected vehicle solutions

Microsoft is still among the biggest corporations, but far away so «hot» as the FANG stocks that everyone is talking about at the moment. With its market cap of $569,85 billion, Microsoft is still among the best and biggest companies.

Microsoft Corporations is expected to report earnings on Thursday after market close. The report will be for the fiscal Quarter ending June 2017. Earnings forecast for the quarter is $0,71 which is a bit more than last years earnings of $0,69 for the same quarter.

 

 

IBM is trying to give its cloud business a boost, but Microsoft`s open cloud format seems to be much better. A business that is giving Microsoft a huge upside. Azure and Xbox is two drivers for Microsoft at the moment, but there is more.

Who is talking about LinkedIn? Only a few. Reid Hoffman sold his «baby» to Bill Gates and Microsoft acquired the professional networking platform in an all-cash deal worth $26,2 billion in December last year.

Microsoft`s CEO Sataya Nadelia said at that time “The deal would bring together the worlds leading professional cloud with the worlds leading professional network.”

In addition; Microsoft wants to compete with Apple and Alphabet in delivering its self-driving car platform. They will collaborate with China`s search engine giant Baidu to use its Azure services for those self-driving cars.

Microsoft said in a press release on July 18, that Baidu and Microsoft plan to explore opportunities to deliver connected vehicle solutions and unique customer experiences that aim to digitally transform the autonomous driving industry.

Microsoft is focusing on cloud-connected car scenarios via its «Microsoft Connected Vehicle» strategy, and the company is aiming to get more vehicles to use their cloud services, like Office 365 and Azure, instead of using Microsoft itself inside cars via «Windows Automotive.»

Other Automotive brands are also interested in Microsoft`s cloud business. BMW and Volvo have both announced partnerships with Microsoft for its cloud-business car services.

Microsoft closed its previous trading session at $73,86 and is expected to report earnings on Thursday after market close.

 

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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From $4 to $20 billion in three years

Microsoft is a great company, and CEO Satya Nadella is doing something right. Last year he said that Microsoft will try to reach $20 billion in revenue for its cloud business serices in 2017. Their cloud business is Office 365 commercial, Azure, Dynamics Online and other cloud properties.

The company had $4 billion in revenue from its cloud business in Q4 2014, and reached $12 billion in the past quarter. The arrow goes straight up and their new goal is for fiscal year 2018 (July 2017 – June 2018).

MSFT_chart

It seems like investors are impressed. They like what they see, and its shares jumped more than five percent after their earning report earlier this week. Microsoft is not so hot and trendy for investors anymore, but the tech giant is still running a great business.

We have seen a shift from mobile to cloud, and Microsoft is still innovative and thats why they are among the biggest companies in the world. Market cap is over $400 billion, and they are still growing. Thats impressive.

In their fourth quarter of the companys fiscal 2016, revenue from Microsoft Azure grew 102% YoY. Azures usage more than doubled in only one year.

Microsoft beat expectations, posting an adjusted profit of $5,5 billion on $22,6 billion in revenue. Their strategy on Windows 10 is a huge success and so are Office 365. The company is still among the biggest companies in the world.

 

asphalt

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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