Notes on MSFT From 02/19/2018

Notes on MSFT

MSFT took $13.8 Billion Charge related to ne U.S. Tax Lax

Overseas Cash rose to $142.8 Billion

MSFT is #2 in cloud storage

Azure jumped 98% Office 365 grew 41% previously 90% and 42% respectively

Intelligent Cloud segment climb 15% to $7.8 Billion

Progresses Segment gained 25% to $8.95 Billion

Posted a loss of $6.3 Billion or 80 cents

Revenue grew 12% to $28.92 Billion

MSFT $7.5 Billion profit excluding tax impact or 96 cents a share

Expectations were 86 cents on revenue of $28.41 billion

Fail a penny after hours on earnings

Stock grow 50% in the 2017 calendar year to $95

Adjusted Tax rate was up 18% from a year ago excluding tax impact

Expecting 16% tax rate for the second half of fiscal year plus or minus 2%

For 2019 expect to be slightly below the U.S. Tax rate of 21%