Reference no: EM132407200
When looking at Microsoft in this statement below.
Describe the alternative growth options available in the global environment.
The breadth and depth of our mission and the trust customers are placing in us to power their digital transformation enables us to have this broad impact - and it is fueling our results.
In fiscal 2018, we delivered $110.4 billion in revenue and $35.1 billion in operating income and returned $21.5 billion to shareholders through dividends and share repurchases.
Our commercial cloud business delivered more than $23 billion in revenue, exceeding the ambitious goal we had set to achieve $20 billion in annualized commercial cloud revenue by the end of fiscal 2018, nine months ahead of schedule. In addition, we expanded our commercial cloud gross margin to 57 percent, up 7 points year-over-year.
Across the globe, enterprise customers in every industry - from iconic brands like Coca-Cola Company and Chevron Corporation to ZF Group, a car parts manufacturer in Germany - are using our technology to build their own digital capability so they can thrive in a world where every company is a software company. Walmart - the world's largest company by revenue, and its biggest private employer - chose Azure and Microsoft 365 to fuel its digital transformation, transforming the shopping experience for customers and empowering their more than 2 million associates to do their best work.