![]() ![]() “When I talk with customers, it’s clear there is real opportunity to help organisations in every industry use digital technology to overcome today’s challenges and emerge stronger,” he said. On an earnings call with analysts, Satya Nadella highlighted that Microsoft Cloud surpassed $25bn in quarterly revenue for the first time. “As part of a strategic realignment of our business groups, we recorded employee severance expenses of $113m, excluding Russia.” Microsoft Cloud leading the way “We recorded operating expenses of $126m related to bad debt expense, asset impairments and severance,” Microsoft stated. The net income figure was 2% more at $16.7bn, while diluted earnings per share came in at $2.23, representing a 3% improvement.Īmy Hood, Microsoft’s executive vice president and chief financial officer, said the company saw strong demand for and “increased customer commitment” to its cloud platform. Its operating income came in 8% higher at $20.5bn. ![]() ![]() The company announced revenue of $51.9bn for the fourth quarter in its Earnings Release FY22 Q4 – a 12% increase over the corresponding period last year. The EU competition enforcer said it would decide by 23 March 2023 whether to clear or block the deal. ![]() The EU opened a full-scale investigation into the acquisition earlier in November, according to Reuters. The US Federal Trade Commission (FTC) and the European Union are also performing their own investigations into the deal. The FTC is likely to file an antitrust lawsuit to block Microsoft’s $69bn takeover bid for Activision Blizzard, Politico reported on 23 November, citing people familiar with the matter. The authority will consider “whether the creation of that situation may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services”. They include the UK’s Competition and Markets Authority (CMA), which launched an inquiry into the deal on 6 July 2022. However, the acquisition faces scrutiny from global regulators. “Gaming is the most dynamic and exciting category in entertainment across all platforms today and will play a key role in the development of metaverse platforms,” he said. Latest news: Regulators probe planned acquisitionĮarlier this year, Microsoft announced it was acquiring Activision Blizzard ( ATVI), the maker of popular video games such as Call of Duty, for $68.7bn.Īt the time, Satya Nadella, Microsoft’s chair and chief executive, highlighted the importance of the deal to the company’s longer-term future. So, what will happen to the Microsoft stock price in five years’ time? Will it recover ground lost this year, or is there further pain to come?Ī lot will depend on the company’s ability to keep growing the business and generating decent returns, as well as the stock market’s view on the wider sector. Shares have risen by over 245%, from $72.68 in July 2017 to $253.21 at the time of writing on 2 December 2022.Īs of the time of writing, the company has generated trailing returns of 26.15% over the past 10 years, ahead of the 19.53% industry average, according to Morningstar. It also embraces gaming, such as Xbox hardware.Įarlier investors in MSFT stock have had every reason to celebrate over the past five years. More Personal Computing is consumer-focused and includes Windows, as well as devices such as the Surface tablet and various PC accessories. Intelligent Cloud is the company’s public, private and hybrid server products and cloud services, which are relied upon by many businesses and developers. Productivity and Business Processes includes Office, SharePoint and Microsoft Teams, as well as LinkedIn, the business-focused social network that Microsoft bought for $26.2bn in 2016. It’s made up of three main divisions: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. Microsoft, which was founded by Bill Gates in the mid-1970s, is best known for its suite of software products, which includes Word and Excel. In our Microsoft stock 5-year forecast overview, we analyse the company’s most recent results, consider the views of analysts and try to predict where the share price will go next. ![]()
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