July 22, 2019

Last week, Microsoft [NYSE: MSFT] reported a strong finish to a record fiscal year 2019, for the period ended June 30, 2019. During the fourth quarter earnings call last Thursday, Microsoft announced revenue of $33.7 billion, a 12% increase year-over-year, and operating income of $12.4 billion, a 20% increase. Net income for the quarter was $13.2 billion (GAAP), a 49% increase year-over-year, and diluted earnings per share of $1.71 (GAAP), a 50% increase year-over-year.