Microsoft returned $5.3 billion to shareholders in the form of
dividends and share repurchases in the fourth quarter of fiscal year
2018, an increase of 16% compared to the fourth quarter of fiscal year
2017.
"Exceptional sales execution delivered double-digit revenue growth
across all segments and strong progress against our strategic
priorities, anchored by commercial cloud revenue growing 53%
year-over-year to $6.9 billion," said Amy Hood, executive vice
president and chief financial officer of Microsoft.
Revenue in Productivity and Business Processes was $9.7 billion and
increased 13% (up 10% in constant currency), with the following business
highlights:
- Office commercial products and cloud services revenue increased 10%
(up 8% in constant currency) driven by Microsoft 365 commercial revenue
growth of 38% (up 35% in constant currency)
- Office consumer products and cloud services revenue increased 8% (up
6% in constant currency) and Microsoft 365 consumer subscribers
increased to 31.4 million
- LinkedIn revenue increased 37% (up 34% in constant currency) with
continued acceleration in engagement highlighted by LinkedIn
sessions growth of 41%
- Dynamics products and cloud services revenue increased 11% (up 8% in
constant currency) driven by Dynamics 365 revenue growth of 61% (up
56% in constant currency)
Revenue in Intelligent Cloud was $9.6 billion and increased 23% (up 20%
in constant currency), with the following business highlights:
- Server products and cloud services revenue increased 26% (up 24% in
constant currency) driven by Azure revenue growth of 89% (up 85% in
constant currency)
- Enterprise Services revenue increased 8% (up 7% in constant
currency)
Revenue in More Personal Computing was $10.8 billion and increased 17%
(up 16% in constant currency), with the following business highlights:
- Windows OEM revenue increased 7% (up 7% in constant
currency) driven by OEM Pro revenue growth of 14%
- Windows commercial products and cloud services revenue increased 23%
(up 19% in constant currency) driven by an increased volume of
multi-year agreements and the mix of products that carry higher
in-quarter revenue recognition
- Gaming revenue increased 39% (up 38% in constant currency) with Xbox
software and services revenue growth of 36% (up 35% in constant
currency) mainly from third-party title strength
- Surface revenue increased 25% (up 21% in constant currency) driven
by strong performance of the latest editions of Surface against a
low prior year comparable
- Search advertising revenue, excluding traffic acquisition costs,
increased 17% (up 16% in constant currency) driven by higher revenue
per search and search volume