Another trade entered ahead of earnings was in Microsoft stock. This trade was set up a bit different as I felt Microsoft would have a good move and probably more to the upside than down.
Microsoft Stock Quarterly Results Jan 28 2016
Microsoft Revenue Drop But Earnings Up
After hours on Thursday Jan 28 Microsoft reported a drop in overall revenue numbers from $26.47 billion in the same quarter last year to $23.8 billion this quarter but earnings per share jumped to 78 cents, which was above analysts average estimates of 71 cents.
Microsoft Cloud Computing Increased 140%
As well, the earnings show increased users of the Office 365 Cloud product and their Azure cloud computing saw a 140% jump in revenue outpacing the growth of Amazon’s cloud computing which is the Azure’s main competitor.
Microsoft Business Cloud Computer Up 11%
Business cloud computing was up 11% reporting a total quarter revenue of $6.3 billion. Based on these numbers the future growth of business cloud computing looks strong.
Microsoft Windows 10 Downloads
Meanwhile Windows 10 downloads were 200 million which analysts referred to as “eye-popping” numbers. The key now for Microsoft will be how to turn these download numbers into revenue generators.
Microsoft Surface Tablets
Surface tablet growth jumped 29% over the important holiday period. The growth of the Surface Tablet is somewhat surprising considering very few analysts believed the product line had much chance of taking away customers from the Apple iPad products.
Microsoft Stock Outlook
Overall it was a stellar quarter and Microsoft stock, I believe, should break beyond the old highs from Dec 29 2015 of $56.85 next week. BMO Capital has a price target of $64 on the stock. Other estimates ranges on average from $58 to $67.
Microsoft Stock 3 Month Chart to Jan 29 2016
Analysts Average Microsoft Stock Buy/Sell Recommendations
Following the earnings report 13 analysts rate the stock a buy and 7 rate it a strong buy. 2 rate the stock a sell and 8 remain steadfast at rating Microsoft Stock a hold.
Microsoft Stock Trade Returned 137% – Summary, Outlook, Trade Ideas
This trade discussion article reviews the most recent trade done ahead of earnings, reviews how to improve upon the 137% return in future trades and outlines a trade for Monday in Microsoft Stock…..The rest of this trade article on Microsoft Stock is for FullyInformed Members.
Microsoft Stock Trade Details – Jan 29 2016
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Microsoft Stock Internal Links
Index of Microsoft Stock Articles
Microsoft Stock External Links
Microsoft Stock Investor Relations
Microsoft Stock Financial Statements