Microsoft revenue up by 17% YoY in FY Q4 2018, productivity and business products continue to grow

Microsoft today announced FY Q4 2018 results with a total revenue of $30.1 billion that is a growth of 17% compared to the same time last year. The company's total operating income was around $10.4 billion witnessing a growth of 35%. It reported a net income of $8.9 billion GAAP and $8.8 billion non-GAAP. Microsoft's diluted earnings per share was $1.14 GAAP and $1.13 non-GAAP. The total GAAP results include a net benefit of $104 million related to the Tax Cuts and Jobs Act (TCJA) for the three months that ended on June 30, 2018. Microsoft has also returned a $5.3 billion to shareholders in the form of dividends and share repurchases in the Q4 of fiscal year 2018, an increase of 16% compared to the Q4 of fiscal year 2017. Revenue in Productivity and Business Processes was $9.7 billion with an increase of 13%. The company's Office commercial products and cloud services revenue increased by 10%. This is mainly driven by Office 365 commercial revenue which has seen a 38% growth. LinkedIn revenue increased 37% with continued acceleration in engagement that has seen a sessions growth of 41%. The revenue in Intelligent Cloud was $9.6 billion and increased 23%. Server products and cloud services revenue increased 26% ...