Microsoft has announced final quarter results that ended on 31st December 2018. When compared to the last fiscal year, the revenue is increased by 12% resulting in $32.5 billion, operating income is $10.3 billion with an increase of 18%, the net income was $8.4 billion, and the diluted earnings per share were $1.08 GAAP and $1.10 non-GAAP%.
Microsoft returned $9.6 billion to shareholders in the form of dividends and share repurchases in the second quarter of the fiscal year 2019. The revenue in Productivity and Business Processes was $10.1 billion and increased by 13%. The Office commercial products and cloud services revenue increased by 11% driven by Office 365 commercial revenue growth of 34%.
Office consumer products and cloud services revenue increased 1% with growth in Office 365 consumer subscribers to 33.5 million. LinkedIn revenue increased 29% with record levels of engagement with 30% session growth. Dynamics products and cloud services revenue increased by 17% driven by Dynamics 365 revenue growth of 51%. Revenue in Intelligent Cloud was $9.4 billion and increased by 20%.
Windows OEM revenue declined by 5%. The Windows commercial products and cloud services revenue increased 13%. Gaming revenue increased 8% with Xbox software and services revenue growth of 31%. Search advertising revenue excluding traffic acquisition costs increased 14%. The Surface revenue increased 39%.
Satya Nadella, CEO of Microsoft said:
Our strong commercial cloud results reflect our deep and growing partnerships with leading companies in every industry including retail, financial services, and healthcare. We are delivering differentiated value across the cloud and edge as we work to earn customer trust every day.