April 26, 2019

Microsoft Cloud Growth Drives Strong Q3 FY2019 Results

On Wednesday, Microsoft (NASDAQ: MSFT) reported strong third quarter results, driven by cloud growth, for fiscal year 2019 for the period ended March 31, 2019. Total revenue for the quarter was $30.6 billion, a 14% increase year-over-year. Other highlights include operating income of $10.3 billion, a 25% increase year-over-year, and net income of $8.8 billion, a 19% increase year-over-year, or diluted earnings per share of $1.14, representing a 20% year-over-year increase.

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illustration of the number five, representing the five subscription business topics for this column, Five-on-Friday

Five on Friday: Content Wars, Publishing Trends and Subscription Scams

Happy Friday! Its hard to believe that this is the last Friday in April already, isnt it? In this weeks Five on Friday, Marketing Land explains why they think content alone will not win the streaming video wars, Folio talks about magazine publishing trends were seeing so far in 2019, Disney Pluss plans to put its new streaming service on gaming consoles, Apple attempts to reduce opportunities for subscription scams, and Proctor & Gamble appeals to advertisers to demand higher standards from media outlets.

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