Maersk to use Microsoft Azure platform

Driving the Connected Car Simulator

The Intelligent Cloud unit, which encompasses the Microsoft Azure cloud and Windows Server businesses, was up 11% over the same period in 2016 to $6.8 billion.

Like every quarter, Microsoft just reported earnings for the last quarter. This division is Microsoft's strongest and is powered by Office commercial, Dynamics and LinkedIn, which delivered revenue of $975 million.

Maersk, a "global leader in container shipping and ports", and a big win for Microsoft with its 88,000 employees working in 130 countries, announced today that it too is making a Digital Difference, making Microsoft its preferred cloud partner and using Azure to power its app store and help drive business model innovations.

But Microsoft shares slipped in after-hours trading after total revenue came in below expectations.

The software giant reported third quarter earnings of $4.8 billion, or 61 cents a share, on revenue of $22.1 billion.




Revenue in the three months ended in March rose 6.3%, year over year, to $23.56 billion, yielding EPS of 73 cents. Microsoft expects its cloud-computing business to hit a $20 billion run rate by 2018.

More Personal Computing, which includes Windows, was down 7% year-over-year - a dip that Microsoft blames on its struggling phone business.

Overall, it's a solid quarter for Microsoft as it continues to compete against both Google and Amazon for cloud customers. Windows OEM Pro revenue rose by 10% (10% CC), "ahead of the commercial PC market, mainly due to a higher mix of premium SKUs"; while non-Pro revenue fell by 1% (1% CC), although Microsoft pointed that this still "outperformed the consumer PC market". This was the first full quarter in which LinkedIn was part of Microsoft, and it drove $965 million in operating expenses, including $153 million in amortization of intangibles - a term that usually covers things like goodwill, trademarks, or brand value. Gaming, on the other hand, saw a rise of 4% YoY with Xbox Live monthly active users rising by 13%.

But revenue from its Surface family of tablet computers slumped 26 percent from a year ago, suggesting more woes for Microsoft's hardware efforts.

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