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Business is booming for Microsoft, and even Bing is doing well

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Jeffrey Zambrana
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Microsoft has announced its fourth quarter earnings, and the numbers look good.

According to Microsoft, it earned a net income of $8.9 billion and a revenue of $30.1 billion for the quarter, which ended on June 30.

This brings the total revenues for the fiscal year to a mightily-impressive $110.4 billion.

These results are up 17% year-over-year, and many people will see this as a vindication of CEO Satya Nadella’s renewed focus on hardware and cloud services.

In a press release accompanying the news, Nadella said: “We had an incredible year, surpassing $100 billion in revenue as a result of our teams’ relentless focus on customer success and the trust customers are placing in Microsoft [...] Our early investments in the intelligent cloud and intelligent edge are paying off, and we will continue to expand our reach in large and growing markets with differentiated innovation.”

Microsoft’s More Personal Computing business continues to be the main driver for revenues, earning $10.8 billion and up 17% year-over-year.

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Jeffrey Zambrana
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