FY18 Q4 - Income Statements - Investor Relations - Microsoft

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Earnings Release FY20 Q1

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Income Statements

(In millions, except per share amounts) (Unaudited) Three Months Ended
September 30,
2019 2018
Revenue:
Product
$ 15,768
$ 17,299
Service and other
17,287
11,785
Total revenue
33,055
29,084
Cost of revenue:
Product
3,305
3,649
Service and other
7,101
6,256
Total cost of revenue
10,406
9,905
Gross margin
22,649
19,179
Research and development
4,565
3,977
Sales and marketing
4,337
4,098
General and administrative
1,061
1,149
Operating income
12,686
9,955
Other income, net
0
266
Income before income taxes
12,686
10,221
Provision for income taxes
2,008
1,397
Net income
$ 10,678
$ 8,824
Earnings per share:
Basic
$ 1.40
$ 1.15
Diluted
$ 1.38
$ 1.14
Weighted average shares outstanding:
Basic
7,634
7,673
Diluted
7,710
7,766
IMPORTANT NOTICE TO USERS (summary only, click here  for full text of notice); All information is unaudited unless otherwise noted or accompanied by an audit opinion and is subject to the more comprehensive information contained in our SEC reports and filings. We do not endorse third-party information. All information speaks as of the last fiscal quarter or year for which we have filed a Form 10-K or 10-Q, or for historical information the date or period expressly indicated in or with such information. We undertake no duty to update the information. Forward-looking statements are subject to risks and uncertainties described in our  Forms 10-Q and 10-K.

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Information contained in these documents is current as of the earnings date, and not restated for new accounting standards