";s:4:"text";s:5074:"Gross margin and operating income included an unfavorable foreign currency impact of 2% and 5%, respectively. This was easily the company’s biggest Surface event in years — Microsoft also unveiled dual-screen devices coming in 2020: Surface Neo and Surface Duo. Nevertheless, lack of ports in Surface devices is not... You can now get a huge $300 discount on the purchase of the Core i7 Surface Pro 7. Gross margin included a 4 percentage point improvement in commercial cloud, primarily from Azure. Double-digit growth for LinkedIn has been consistent for multiple quarters now. Research and development expenses increased $588 million or 15%, driven by investments in cloud and artificial intelligence (âAIâ) engineering, Gaming, GitHub, and LinkedIn. Tech Must Work Across Borders to Help Aviation: Virgin Atlantic CIO, How the UK Train Network is Going Digital, Serverless Exists In The Cloud and Both Need Servers, 5G Manufacturing; Add a Little Slice To Your Life, Securing PLCs for the IoT: Selecting the Right Hardware. Is the NCSC Data Mining the Dark Web for Credit Card Details? The big number as always was Azure revenue, which jumped by 59% (noticeably lower than past quarters). Another disappointment in Q1 2020 was Microsoft’s gaming revenue, which fell 7%. Lack of ports is one of the downsides of the thin and lightweight laptops and the same holds true for Microsoft’s Surface devices. “We are accelerating our innovation across the entire tech stack to deliver new value for customers and investing in large and growing markets with expansive opportunity.”. Intelligent Cloud revenue increased, driven by server products and cloud services. cloud annualized run rate passed $20 billion. Surface revenue will decline slightly year over year driven by product lifecycle transitions. In a release Satya Nadella concludes that: “We are accelerating our innovation across the entire tech stack to deliver new value for customers and investing in large and growing markets with expansive opportunity.”. Tech giant Microsoft Corporation (NASDAQ: MSFT) is set to report its first quarter, fiscal 2021 results next Tuesday, October 27. â¢
Q1 2021 Earnings Quote News ... 10/20 Netflix Inc. Q3 2020 Earnings Quote News Estimates ... Bookmark the Markets Insider earnings calendar to keep up to date with the latest earnings … Search advertising revenue minus traffic acquisition costs jumped 11%. Microsoft last announced its quarterly earnings data on July 22nd, 2020. If you clear cookies also favorite posts will be deleted. Microsoft (MSFT) reports earnings on 10/27/2020 and is expected to beat estimates with an Earnings Whisper number of $1.62. Gross margin percentage increased, due to gross margin percentage improvement in More Personal Computing and Productivity and Business Processes. Tech’s Big Beasts Team Up in Bid to Defend the Open Source Oasis: Will It Be More than Hot Air? DataOps After the Pandemic: A Conversation with Hitachi Vantara. VentureBeat Homepage.cls-1{fill:#ed2025;}.SiteLogo__v{fill:#ffffff;}. Shares are up 3.4% since reporting last quarter ALL RIGHTS RESERVED. As always, results will be available after the close of the market. Microsoft’s CEO Satya Nadella during a call with investors commented that: “The quintessential characteristic of every application going forward will be AI. Revenue increased $4.0 billion or 14%, driven by growth across each of our segments. â¢
Will Government National Data Strategy Deliver on Eliminating Data Silos? The Samsung Wireless Charger Trio is a brand new wireless charger, that will allow yo... Back in May, Microsoft announced the new Surface Book 3, the most powerful device in the Surface lineup. Microsoft provided the following segment guidance for Q1 2020 fiscal year: Some links in the article may not be viewable as you are using an AdBlocker. Web links, telephone numbers, and titles were correct at time of publication, but may since have changed. We won’t know how those fare until next quarter, of course. As always, results will be available after the close of the market. Note to editors: For more information, news and perspectives from Microsoft, please visit the Microsoft News Center at https://news.microsoft.com. Earnings Call Slides; Earnings Call Transcript ; Financial Statements; Outlook; FY20Q1 Product Release List; Press Release; 10K; ASSET PACKAGE. Revenue from Xbox content and services, (game sales and subscriptions), is holding steady with an increases of one percent. Microsoft has also successfully monetized its LinkedIn acquisition, which closed in December 2016. Microsoft Wobbles Again: Do Azure Staging Procedures Need a Rethink? Microsoft Corporation is expected* to report earnings on 10/27/2020 after market close. General and administrative expenses decreased $88 million or 8%. Earnings - Comprehensive Income displaying financial performance for Microsoft Corporation in FY20 Q1 We largely attribute the consistent quarterly wins to Nadella’s plan to turn Microsoft into a cloud company. ";s:7:"keyword";s:31:"microsoft q1 2020 earnings date";s:5:"links";s:8468:"Eleanor Ruth Fellowes,
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