Much of the growth came from its service offerings, particularly cloud computing which achieved revenue of 11 billion dollars (£9 billion) - an increase of 39% year-over-year - Microsoft said.
AT&T is on the home stretch for having 75% of its network virtualized by 2020, and it's also working toward being a public cloud-first company by moving most of its non-network workloads to the public cloud by 2024.AT&T said moving those workloads to the cloud will allow it to focus on its core network capabilities, accelerate innovation for its customers, and "empower its workforces while optimizing costs".
A 64% spike in revenue from Azure helped secure that leap, with overall revenue from server products and cloud services up 22%. That's in addition to cloud infrastructure such as data centres and servers, where Amazon is the market leader.
Microsoft's net income rose to $13.19 billion or $1.71 per share in the quarter ended June 30, from $8.87 billion or $1.14 per share a year earlier.
The results exceeded Wall Street expectations. Eleven analysts surveyed by Zacks expected $32.7 billion.
Microsoft, through a spokesperson, said that it couldn't confirm the financial estimates reported by CNBC, but a source confirmed to CRN that the figure was accurate. This was the lowest rate of on-year revenue growth for the cloud computing platform.
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The number of people in work rose 28,000 to a record high, leaving the jobless rate at a 44-year low of 3.8%. Total public-sector pay growth was 3.6%, the most since 2010, and private-sector wages rose 3.4%.
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We are in constant contact with the authorities, and once we have more information we will publish it". The court hearing was conducted behind closed doors as one of the suspects is a minor aged under 18.
Surface revenue has grown by 14%, totalling $1.3 billion.
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"AT&T and Microsoft are among the most committed companies to fostering technology that serves people", said John Donovan, CEO, AT&T Communications, in a statement.
"It was a record fiscal year for Microsoft, a result of our deep partnerships with leading companies in every industry", Mr Nadella explained.
AT&T will also move many of its employees over to the Microsoft 365 office suite, giving access to tools such as Word, PowerPoint, Excel and more. Nadella described it Thursday as a "very significant deal" and the largest of its kind that the company has signed.
"The (Microsoft-AT&T) alliance builds on the companies' joint enterprise solutions for networking, IoT, and blockchain in market, including recent testing of an edge computing-based tracking and detection system for drones". Xbox Live monthly active users still saw an increase of 14%, bringing the active user count up to 65 million. Microsoft benefits from being able to bundle Teams as part of a software package that includes email and other products.