Microsoft has posted the results of the second quarter of its 2019 financial year, which runs up to December 31, 2018. Revenue was $32.5 billion, up 12 percent year-on-year; operating income was $10.3 billion, up 18 percent; and net income was $8.6 billion, as compared to a $6.3 billion loss due to the impact of the Tax Cuts and Jobs Act one year ago. Earnings per share were $1.08, as compared to a loss of $0.82.
Microsoft currently has three reporting segments: Productivity and Business Processes (covering Office, Exchange, SharePoint, Skype, Dynamics, and LinkedIn), Intelligent Cloud (including Azure, Windows Server, SQL Server, Visual Studio, and Enterprise Services), and More Personal Computing (covering Windows, hardware, and Xbox, as well as search and advertising).
