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Judgment is required in determining when technological feasibility of a product is established.
In 2014, the court granted in part defendants motion to exclude plaintiffs general causation experts.
Government and agency securities 6,636 (9) 421 (21) 7,057 (30) Foreign government bonds 4,611 (12) 18 (12) 4,629 (24) Mortgage- and asset-backed securities 3,171 (5) 28 (1) 3,199 (6) Corporate notes and bonds 2,946 (29) 104 (8) 3,050 (37) Municipal securities 36 (1).Twelve Months Ended June 30, ( in millions, except per share amounts) Revenue Operating Income 2016 As Reported (gaap) 85,320 20,182 Net Impact from Windows 10 Revenue Deferrals 6,643 6,643 Impairment, Integration, and Restructuring Expenses - 1,110 2016 As Adjusted (non-gaap) 91,963 27,935 Selected Financial.The new standard will be effective for us beginning July 1, 2018, and adoption as of the original effective date of July 1, 2017 is permitted.Sales and Marketing Sales and marketing expenses include payroll, employee benefits, stock-based compensation expense, and other headcount-related expenses associated with sales and marketing personnel, and the costs of advertising, amazon win 10 promotions, trade shows, seminars, and other programs.In addition to computing device market volume, Windows revenue is impacted by: The mix of computing devices based on form factor and screen size.Our most significant expenses are related to compensating employees; designing, manufacturing, marketing, and selling our products and services; datacenter costs in support of our cloud-based services; and income taxes.This standard is effective for us beginning July 1, 2017, and can be early adopted and applied either prospectively or retrospectively to all periods presented upon adoption.Gross margin included an unfavorable foreign currency impact of approximately.Federal statutory rate primarily due to earnings taxed at lower rates in foreign jurisdictions resulting from producing and distributing our products and services through our foreign regional operations centers in Ireland, Singapore, and Puerto Rico.Office 365 is our cloud-based service that provides access to Office plus other productivity services.Actual results and outcomes may differ from managements estimates and assumptions.The fair value of stock awards is based on the"d price of our common stock on the grant date less the present value of expected dividends not received during the vesting period.As of June 30, 2016 an aggregate of 214 million shares were authorized for future grant under our stock plans.Your data, apps, and settings all of your content roam with you across your computing experiences.ESAs typically are also authorized as LSPs and operate as resellers for our other licensing programs, such as the Select Plus and Open licensing programs discussed under Licensing Options below.Note 9 business combinations getkanoa promo code Mojang Synergies AB On November 6, 2014, we acquired Mojang Synergies AB (Mojang the Swedish video game developer of the Minecraft gaming franchise, for.5 billion in cash, net of cash acquired.Financial Review quarterly stock price information, issuer purchases OF equity securities, dividends, AND stock performance Quarterly Stock Price Information Our common stock is traded on the nasdaq Stock Market under the symbol msft.Much of our business segment level research and development is coordinated with other segments and leveraged across the company.Server products and cloud services revenue grew.6 billion or 9, primarily driven by higher premium mix of Microsoft SQL Server, Windows Server, and System Center, as well as continued revenue growth from Azure.The following table reconciles the total Net Fair Value of assets above to our balance sheet presentation of these same assets in Note 4 Investments.
The credit risk and average maturity of our fixed-income portfolio are managed to achieve economic returns that correlate to certain fixed-income indices.
Intelligent Cloud, our ambition to build the intelligent cloud is closely linked with the previous ambition.
Enterprise Mobility customers nearly doubled year-over-year to over 33,000.
The components of the deferred income tax assets and liabilities were as follows: (In millions) June 30, Deferred Income Tax Assets Stock-based compensation expense Other expense items 1,609 1,531 Restructuring charges 284 211 Unearned revenue 494 520 Impaired investments 226 257 Loss carryforwards 1,703 1,158.
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