Investors optimistic as Microsoft gets ready to release 4th Quarter, full year earnings today

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Published onJuly 20, 2017

published onJuly 20, 2017

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Today is the day for Microsoft’s Q4 2017 earnings reports, and investors are holding hopes for big numbers while Microsoft rides an all-time high of its current $74 share price.

The tech giant has had a decline in revenue as it branched out, but the massive cuts worldwide have also marked major dollar signs for Microsoft.Investing.comreports that because they’ve let go of employees, Microsoft profit has risen from $4 billion to $6.5 billion.

Even then, its personal computing market has been bleeding revenue over the last two year. With only a 12% increase in productivity software, it’s actually Microsoft Azure that has the shares soaring at a high. Last earnings report, Microsoft announced approximately 100% revenue growth for Azure

The cloud is exactly where investors are expecting the biggest numbers.The Streetis expecting $24.3 billion in revenue for the quarter thanks to Azure with a predicted $7.3 billion sales increase. Productivity software is estimated to see an 8.4 billion rise as well.

Stay tuned to OnMSFT.com throughout the day as we bring you the latest from Microsoft’s earnings reports.

Radu Tyrsina

Radu Tyrsina has been a Windows fan ever since he got his first PC, a Pentium III (a monster at that time).

For most of the kids of his age, the Internet was an amazing way to play and communicate with others, but he was deeply impressed by the flow of information and how easily you can find anything on the web.

Prior to founding Windows Report, this particular curiosity about digital content enabled him to grow a number of sites that helped hundreds of millions reach faster the answer they’re looking for.

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Investors optimistic as Microsoft gets ready to release 4th Quarter, full year earnings today#

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Investors optimistic as Microsoft gets ready to release 4th Quarter, full year earnings today