Microsoft has released its Q4 earnings and naturally, led with the bright spots. In particular, the Commercial cloud annualized revenue run rate now exceeds $8 billion.
Q4revenues were $22.2 billion. Gross margin, operating loss, and loss per share for the quarter were $14.7 billion, $(2.1) billion, and $(0.40) per share, respectively.
These results include the impact of a $7.5 billion non-cash impairment charge related to the Nokia Devices and Services (NDS) business, plus a restructuring charge of $780 million. Still, during the quarter, Microsoft returned $6.7 billion to shareholders in the form of share repurchases and ...
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