Microsoft Reports Net Income of $8.9 Billion for FY18 Q4

Last week Microsoft (NASDAQ: MSFT) reported a strong fourth quarter for its fiscal year 2018 ended June 30, 2018. The company earned revenue of
Last week Microsoft (NASDAQ: MSFT) reported a strong fourth quarter for its fiscal year 2018 ended June 30, 2018. The company earned revenue of $30.1 billion, a 17 percent increase year-over-year, and net income of $8.9 billion (GAAP), or $1.14 diluted earnings per share. CEO Satya Nadella attributed the company's results to Microsoft Cloud, his teams' "relentless focus on customer success" and customer trust in the company and its products and services....

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