Microsoft has reported its Q4, 2020 results, with revenues up 13% at $38.0 billion Y-o-Y, with net income down 15% to $11.2 billion.
Microsoft announced a short while back it was to close its physical stores, and that accounted for $450 million charge.
Search advertising revenue excluding traffic acquisition costs decreased 18% (down 17% in constant currency)
Year end is as follows
Microsoft Corp. today announced the following results for the fiscal year ended June 30, 2020, as compared to the corresponding period of last fiscal year:
· Revenue was $143.0 billion and increased 14%
· Operating income was $53.0 billion and increased 23%
· Net income was $44.3 billion and increased 13% GAAP and 20% non-GAAP
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microsoft.com...]
