Microsoft Q4 2018 earnings anchored by commercial cloud revenue growth
Microsoft announced Q4 revenue of $30.1 billion and net income of $8.9 billion or $1.14 per share, up 10% year over year, to close out their fiscal 2018.
Cloud services showed the highest revenue growth, including Office 365, Azure, LinkedIn, and Dynamics 365.
Revenue in the Productivity and Business Process group, which includes Dynamics, Office, and LinkedIn, was $9.7 billion, up 13% year-over-year. Dynamics 365 revenue growth of 61% (up 56% in constant currency) helped drive an overall 11% increase (an 8% increase of last year) in Dynamics products and cloud services revenue.
Office 365 commercial revenue grew 38%, with Office commercial products and cloud services revenue up 10%. LinkedIn revenue increased 37%.