Microsoft (Nasdaq “MSFT” @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. GeekWire’s coverage this week is underwritten by ALLtech. While these are good improvements, it’s easy to miss the deeper the significance of this announcement in the technical minutiae. There are many things truly new about today’s Microsoft, but this is a reminder that it is still a powerful force in the industry. All information in this release is as of September 30, 2020. Specifically, the focus on trusted devices and the use of automatic updates to keep those devices secure. Few other companies could point other players directions like these and make it happen this broadly. It will happen at great cost, obligation hassle and expense for Microsoft. While expanding Windows Update’s scope of protection like Microsoft is doing with Pluton is so logical that it seems unremarkable, that masks the significant legal, logistical, and technological difficulties this move entails. Windows Vista brought support for TPM into Windows for the first time, while the Pluton design itself was part of the Xbox One, itself an outgrowth of earlier work in Windows and TPM. Shareholder and financial information, as well as today’s 2:30 p.m. Pacific time conference call with investors and analysts, is available at http://www.microsoft.com/en-us/investor. Microsoft presents constant currency information to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. Let us know. Microsoft has provided this non-GAAP financial information to aid investors in better understanding our performance. Since March, an average of 25,000 new educators from over 180 countries have signed up a day. 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After it showed its usefulness in helping counter those attacks, it became a central pillar in Microsoft’s security tactics and strategy and made its way into Gates’ memo. “We are innovating across our full modern tech stack to help our customers in every industry improve time to value, increase agility, and reduce costs.”, “Demand for our cloud offerings drove a strong start to the fiscal year with our commercial cloud revenue generating $15.2 billion, up 31% year over year,” said Amy Hood, executive vice president and chief financial officer of Microsoft. Thus, the strengths in this area of the SWOT analysis of Microsoft show that the organization has strong foundations to compete against other large firms in the global industry. Its mission is to empower every person and every organization on the planet to achieve more. Microsoft will provide forward-looking guidance in connection with this quarterly earnings announcement on its earnings conference call and webcast. At Microsoft, our focus remains on ensuring the safety of our employees, striving to protect the health and well-being of the communities in which we operate, and providing technology and resources to our customers and partners to help them do their best work while remote. In terms of trusted devices, Pluton builds on work that was first seen in Windows Vista in 2006 and the Xbox One in 2013. Additional information about Microsoft’s COVID-19 response can be found here. REDMOND, Wash. — October 27, 2020 — Microsoft Corp. today announced the following results for the quarter ended September 30, 2020, as compared to the corresponding period of last fiscal year: Revenue was $37.2 billion and increased 12%; Operating income was $15.9 billion and increased 25%; Net income was $13.9 billion and increased 30% The session may be accessed at http://www.microsoft.com/en-us/investor. Register now for the November 19th session. Learn more about remote working, online schooling and community support during the COVID-19 outbreak, major product releases and other highlights, World Update II: USA for Microsoft Flight Simulator now available for free, Achieving 100 percent renewable energy with 24/7 monitoring in Microsoft Sweden, Making credit flow again in India during the pandemic, Research reveals three distinct parent mindsets about remote and hybrid learning, Microsoft Federal delivering solutions for secure digital transformation, ($ in millions, except per share amounts), Revenue was $37.2 billion and increased 12%, Operating income was $15.9 billion and increased 25%, Net income was $13.9 billion and increased 30%, Diluted earnings per share was $1.82 and increased 32%, Office Commercial products and cloud services revenue increased 9% driven by Office 365 Commercial revenue growth of 21% (up 20% in constant currency), Office Consumer products and cloud services revenue increased 13% and Microsoft 365 Consumer subscribers increased to 45.3 million, Dynamics products and cloud services revenue increased 19% (up 18% in constant currency) driven by Dynamics 365 revenue growth of 38% (up 37% in constant currency), Server products and cloud services revenue increased 22% (up 21% in constant currency) driven by Azure revenue growth of 48% (up 47% in constant currency), Windows Commercial products and cloud services revenue increased 13% (up 12% in constant currency), Xbox content and services revenue increased 30%, Surface revenue increased 37% (up 36% in constant currency), Search advertising revenue excluding traffic acquisition costs decreased 10% (down 11% in constant currency). Financial Performance Constant Currency Reconciliation, Segment Revenue Constant Currency Reconciliation, Selected Product and Service Revenue Constant Currency Reconciliation. Note to editors: For more information, news and perspectives from Microsoft, please visit the Microsoft News Center at http://www.microsoft.com/news. Microsoft Corporation’s Weaknesses (Internal Strategic Factors) Here are the major product releases and other highlights for the quarter, organized by product categories, to help illustrate how we are accelerating innovation across our businesses while expanding our market opportunities. Actual results could differ materially because of factors such as: For more information about risks and uncertainties associated with Microsoft’s business, please refer to the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections of Microsoft’s SEC filings, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q, copies of which may be obtained by contacting Microsoft’s Investor Relations department at (800) 285-7772 or at Microsoft’s Investor Relations website at http://www.microsoft.com/en-us/investor.
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