• Microsoft posts bumper Q4, with Windows, Surface, Azure all up

    28 days ago - By Ars Technica

    Microsoft has posted the results of the fourth quarter of its 2018 financial year, running up until June 30, 2018. Revenue was $30.1 billion , operating income was $10.4 billion , net income was $8.8 billion , and earnings per share were $1.14 .
    This brings the full-year revenue to $110.4 billion , with operating income of $35.1 billion and net income of $16.6 billion, a drop of 35 percent, attributed to the impact of the Tax Cut and Jobs Act's $13.8 billion repatriation tax. Without that, the company would have been looking at a net income of $30.3 billion, up 18 percent on...
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  • $34 Billion Spent On Mobile Apps & Games During H1, 2018

    $34 Billion Spent On Mobile Apps & Games During H1, 2018

    28 days ago - By Android Headlines

    The total gross app and game revenue for Google Play through the first half of this year came up to $11.8 billion, according to the latest data from Sensor Tower. Global revenue across ecosystems during the same time-frame were $34.4 billion, meaning that Apple's App Store nearly doubled Google's revenue for the period, but total revenue for the space was up by 27.8% year-on-year. Speaking strictly of Android, app and game revenue for the Play Store were up a bit over $3 billion, which made for 29.7% year-on-year growth. Put up against Apple's 26.8% growth in the app revenue space, this...
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  • June 2018's top 10 Minecraft Marketplace creations: Enter the Summer Sale

    June 2018's top 10 Minecraft Marketplace creations: Enter the Summer Sale

    28 days ago - By VentureBeat

    The Minecraft Marketplace is about to get the followup on a serious 1-2 punch that could boost creator's revenues and downloads through the end of July. The Minecraft Team at Microsoft launched the first Minecraft Summer Sale today. As part of this event, most of the content on the Marketplace is getting a steep discount. While the Summer Sal...
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  • Fortnite helps Xbox revenue jump 39% to $2.29 billion

    Fortnite helps Xbox revenue jump 39% to $2.29 billion

    28 days ago - By VentureBeat

    The Xbox division helped Microsoft grow its bottom line during the fourth quarter of its fiscal 2018, the company revealed during its quarterly financial report. Revenue from the video game business was $2.29 billion during the three-month period ending June 30. That's up 39 percent from the same period in the previous year. “Gaming rev...
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  • Fortnite has hit over $1 billion in revenue with in-app purchases

    Fortnite has hit over $1 billion in revenue with in-app purchases

    28 days ago - By 9to5Mac

    Fortnite has become an insanely popular game and we heard last month that the title's debut on iOS generated $100 million in revenue in just three months. Now, a new report says that the battle royale blockbuster has hit over $1 billion in sales across all platforms.
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  • Microsoft reports $30.1 billion in Q4 2018 revenue: Azure up 89%, Surface up 25%, and Windows up 7%

    Microsoft reports $30.1 billion in Q4 2018 revenue: Azure up 89%, Surface up 25%, and Windows up 7%

    28 days ago - By VentureBeat

    Microsoft today reported earnings for its fourth fiscal quarter of 2018, including revenue of $x billion, net income of $8.9 billion, and earnings per share of $1.14 (compared to revenue of $23.3 billion, net income of $6.5 billion, and earnings per share of $0.83 in Q1 2017). All three of the company's operating groups saw growth. Analysts had exp...
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