In its second quarter of its 2017 financial year, Microsoft posted revenue of $24.1 billion, up 1 percent year on year, with operating income of $6.0 billion, up 3 percent, net income of $5.0 billion, up 4 percent, and earnings per share of $0.62, up 6 percent.

As ever, Microsoft also offered alternative figures that book Windows 10 revenue up front instead of amortized over several years, and which hold exchange rates constant to remove the impact of rate fluctuations year-on-year (which gives some indication of year-to-year changes in actual sales transactions, if not of money in the bank). Using that regime for both this year and last, revenue was up 4 percent at $26.1 billion, operating income was up 8 percent at $8.2 billion, net income up was up 10 percent at $6.5 billion, end earnings per share were up 13 percent at $0.83.

Microsoft’s LinkedIn acquisition completed on December 8, 2016, with the company saying that this small contribution added $228 million in revenue, and losses of $201 million, $100 million, and $0.01, to operating income, net income, and earnings per share, respectively.