Just announced - Microsoft FY21 Q4 Earnings:
Revenue: $46.2 billion ⬆️ 21%
Operating income: $19.1 billion ⬆️ 42%
Net Income: $16.5 billion ⬆️ 47%
EPS: $2.17 ⬆ 49%
Strong finish to fiscal 2021:
✅ $168.1 billion in annual revenue
✅ $69.9 billion in annual operating income
Commercial cloud annual revenue exceeded $69 billion ⬆ 34%
bringing people back into covid infested offices
Well since everyone has been away for so long, we should also worry about hanta virus.
I’m sure bringing people back into covid infested offices will fix everything
And guys, please don’t forget to update your checkpoint goals.
I'll take my burger with a side of cloud shaped nuggets please. IBM is already a parenthesis. There Financials have enough of those and asterisks to choke a CPA Dying and soon dead Deal with it folks Unless you can do something about your sleepy BOD and you enimec Executive body. RIP
Meanwhile, here is IBM: (3 week old news but relevant)
https://www.marketwatch.com/story/ibm-stock-worst-performer-on-dow-as-whitehurst-steps-down-as-president-11625250381
IBM would have probably been kicked out of the DOW even if they weren't in the process of cutting themselves into pieces.
Realistically McDonalds has as much of a shot at winning in cloud as IBM does. Look at these numbers, compared to $700m for IBM Cloud and going down.
that is roughly 50 times that of IBM which currently has a market value of around $125 billion. And to add insult to injury IBM shrunk during the mentioned 16 month period whereas competition basically doubled in value.
IBM need to shape up, or they are soon a parenthesis in this market.
Three tech companies Apple, Microsoft and Google owner Alphabet reported combined profits of more than $50 billion in the April-June quarter, underscoring their unparalleled influence and success at reshaping the way we live.
Although these companies make their money in different ways, the results served as another reminder of the clout they wield and why government regulators are growing increasingly concerned about whether they have become too powerful.
The massive profits pouring into each company also illustrated why they have a combined market value of $6.4 trillion -- more than double their collective value when the COVID-19 pandemic started 16 months ago.