Microsoft (MSFT) Q4 2020 Earnings Call Transcript

Automated Voice:Greetings and welcome to the Microsoft fiscal year, 2020 fourth quarter earnings conference call windows 10 version 2004 problems at this time, all participants are in a listen only mode. A question and answer session will follow the formal  How To Get Help in Windows 10 Keyboard presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my Get Help in Windows 10 pleasure to introduce your host, Mike Spencer, general manager feature update to windows 10 version 2004 and investor relations for Microsoft. Thank you, sir. You may begin.

Mike Spenser: 
Good afternoon and thank you for joining us today on the call with me or Satya Nadella, chief executive officer Amy Hood, chief financial officer, Frank Brode, chief accounting officer and Keith Dahlberg deputy general counsel. On the Microsoft Investor Relations website, you can find our earnings press release and our financial summary slide deck, which is intended to supplement our prepared windows 10 version 2004 problems remarks during today’s call and provides a reconciliation of differences between gap and non-gap financial measures.

Mike Spenser: 
Unless otherwise specified. We will refer to non-gap metrics on the call. The non-gap financial measures provided should not be considered Get Help in Windows 10 as a substitute for or superior to the measures of financial feature update to windows 10 version 2004 performance prepared in How To Get Help in Windows 10 Keyboard accordance with gap. They are included as additional clarifying items, paid investors and further understanding the company’s fourth quarter performance, in addition to the impact these items and events had on the financial results. All growth comparisons we make on the call today relate to the corresponding period of last year, unless otherwise noted.

Mike Spenser:
We will also provide growth rates in constant currency, when available as a framework for assessing how our underlying businesses performed, excluding the effect of foreign currency rate fluctuations. Where growth rates are the same in constant currency, we will refer to growth rate only. We will post our  Get Help in Windows 10 prepared remarks to our website immediately following the call until the complete transcript is available How To Get Help in Windows 10 Keyboard. Today’s call is being webcast live and recorded. If you ask a question, it will be included in our live transmission, in the transcript and in any future use of the recording.

Mike Spenser:)You can replay the call and view the transcript on the Microsoft Investor Relations website. During this call, we will be making windows 10 version 2004 problems forward looking statements which are predictions feature update to windows 10 version 2004, projections, or other statements about future events. These statements are based on current expectations and assumptions that are subject to risks and uncertainties.

Mike Spenser:
Actual results could materially differ because of factors discussed in today’s earnings press release, and the comments made during this Get Help in Windows 10 conference call and in the risk factor section of our form 10 K, forms 10 Q and other reports How To Get Help in Windows 10 Keyboard and filings with the Securities and Exchange Commission. We do not undertake any duty to update any forward looking statement. And with that, I’ll turn the call over to Satya.

Satya Nadella: 
Thank you, Mike. Good afternoon, everyone windows 10 version 2004 problems. We delivered record results this fiscal year powered by our commercial cloud, which surpassed 50 billion in revenue for the first time, up 36% year over year. The last five months have How To Get Help in Windows 10 Keyboard made it very clear that digital tech intensity is key to business resilience feature update to windows 10 version 2004. Organizations that build their own digital capability will recover faster and emerge from this crisis stronger.

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