Microsoft misses earnings, revenue estimates
Microsoft press release (NASDAQ:MSFT): Q4 GAAP EPS of $2.23  misses by $0.07.
Revenue of $51.87B (+12.4% Y/Y)  misses by $490M.
Shares -2.7%.
Revenue in Productivity and Business Processes was $16.6B and increased 13% Y/Y.
Revenue in Intelligent Cloud was $20.9B and increased 20% Y/Y.

âIn a dynamic environment we saw strong demand, took share, and increased customer commitment to our cloud platform. Commercial bookings grew 25% and Microsoft Cloud revenue was $25 billion, up 28% year over year,â said Amy Hood, executive vice president and chief financial officer of Microsoft. âAs we begin a new fiscal year, we remain committed to balancing operational discipline with continued investments in key strategic areas to drive future growth.â