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ASC-066 - ASC EndPoint Management Assessment - Dump Information

Vendor : Symantec
Exam Code : ASC-066
Exam Name : ASC EndPoint Management Assessment
Questions and Answers : 75 Q & A
Updated On : July 20, 2018
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ASC-066 ASC EndPoint Management Assessment

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ASC-066 exam Dumps Source : ASC EndPoint Management Assessment

Test Code : ASC-066
Test Name : ASC EndPoint Management Assessment
Vendor Name : Symantec
Q&A : 75 Real Questions

Symantec ASC EndPoint Management

most beneficial endpoint protection products for companies | Real Questions and Pass4sure dumps

ANI |   Jul 14,2018 , 03:sixteen PM IST

New Delhi : during this digital age, corporations nowadays are haunted by means of various assaults geared toward their records safety and integrity. quite a few reports have outlined India being ranked amongst the desirable international locations dealing with cyber threats. The possibility spans throughout companies of varying size and scale and accordingly, ensuring safety is one other essential project that the businesses need to be prepared for.  identifying an endpoint safety carrier provider can take this burden away from firms, whilst benefiting them with advanced safety protocols and contours. To the equal conclusion, let's take a glance at good 5 endpoint safety products, ready to preserve corporations of these days: Seqrite Endpoint SecuritySeqrite is a manufacturer to reckon amidst the expansive cyber threats gnawing on the organizations. Its Seqrite Endpoint safety presents an entire, fully built-in solution for organisations to unravel their protection challenges. With Seqrite, firms can expect to have superior applied sciences like Anti-Ransomware, Behavioral Detection device and advanced DNA Scan to offer protection to the network from sophisticated and advanced cyber threats. newest and superior elements like Asset administration, superior equipment handle, net Filtering, records Loss Prevention, Patch administration, Vulnerability Scan and a lot more become available to agencies with Seqrite end element protection. Symantec Endpoint ProtectionA safety application suite, Symantec Endpoint insurance plan comprises anti-malware, intrusion prevention and firewall features for organizations to shelter both, laptop computers and servers. Servers running on windows, Linux or macOS can install this endpoint insurance policy. The application suite has developed through the years to present the latest protection points of organizations. As of 2018, edition 14 is available for organisations. Kaspersky - Endpoint security for BusinessWith enterprise operations going digital, corporations need to relaxed every workstation, server and cell gadget. Kaspersky presents a singular solution to support groups give protection to every conclusion element. The solution prepares agencies in opposition t latest threats like ransomware, while hardening the endpoints to minimize exposure to cyber threats.  distinctive environments like workstation, Linux, Android, Mac and iOS may also be protected with this solution. It offers a unified console for enterprises to simplify security administration. McAfee Endpoint SecurityThis answer continues an agile security with the aid of integrating distinctive applied sciences spanning the Defence lifecycle and offers a centralized administration console to businesses.  With McAfee, companies get superior points in antivirus, firewall, take advantage of prevention, and net manage. by means of deploying desktop discovering and state-of-the-artwork applied sciences, the solution identified malicious codes by way of static and behavioral attributes. vogue MicroAs the company world continues evolving, the signature-based mostly applied sciences by myself wouldn't suffice to give firms the part in protection.  XGen™ security with the aid of fashion Micro offers organisations the required area and complete protection towards sophisticated threats of today, enabling the organisations to look after their clients and company advice.  Packing superior recommendations like high fidelity machine gaining knowledge of, take advantage of insurance policy, behavioral evaluation, fashion Micro protects enterprises against a variety of Ransomware assaults like WannaCry, intrusion prevention, command and control blocking off, file reputation, browser take advantage of coverage and extra. live up-to-date on the go together with The Hans India news App. click on for Android / iOS download it to your machine.

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Symantec Unveils New know-how to Counter Cyber assaults | Real Questions and Pass4sure dumps

Symantec Corp SYMC these days delivered its new expertise — electronic mail chance Isolation — in a bid to counter superior cyber-assaults in a more innovative and positive way.

Reportedly, this know-how will give protection to contraptions in opposition t spear phishing, credential theft, account takeover and ransomware attacks.

e mail chance Isolation rapidly detects malicious content and links from emails and quarantines them, notably reducing the immanent risks of messaging purposes.

mainly, malware assaults have extended 36% in the past 12 months with spear phishing rising 55%. One in every six junk mail emails contain malicious links and about 30% of clients open these emails. additionally, 40% of U.S. residents have been plagued by cyber security difficulty last yr.

The transforming into sophistication of phishing activities is making it difficult to trace fingerprints of the attackers. it's to handle this subject that Symantec dedicatedly worked on and came up with the built-in e-mail probability Isolation answer.

Symantec, the Cybersecurity Guru

Symantec is the pioneer of complete and integrated e mail safety solutions with probability isolation know-how for business email. it is presently the most effective dealer to offer imaginative solutions to offer protection to consumers from today’s cloud generation e mail attacks.

The business’s built-in Cyber protection Platform has currently been improved with the first ever web Isolation technology, which is integrated in Symantec’s web protection carrier. The service offers protection in opposition t cyber threats whereas searching.

Symantec is a amazing participant in the endpoint safety market. The growing to be security threats and skills hacking assaults led the company to launch Symantec Managed protection features - advanced risk coverage to help groups check the stage of vulnerabilities, discover threats and mitigate highbrow property theft.

The company’s built-in Cyber defense platform gained traction with persevered adoption in the final quarter of fiscal 2018.

possibilities are brilliant

The cyber web security market is a good looking area on account of the increasing online site visitors.

Hardware and software functionality together with segments like firewalls, VPNs, intrusion prevention and detection and multi-aim safety called unified hazard administration, are expected to raise Symantec’s presence within the cybersecurity market.

Per a fresh report from Markets and Markets, cyber safety market is expected to witness a CAGR of eleven% between 2017 and 2022. The raise in safety spending is for this reason likely to bode well for this leading supplier of solutions.

Given the character of its magnitude, the brand new platform is anticipated to boost the business’s excellent-line growth. 

Symantec business enterprise profits (TTM)

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Symantec service provider income (TTM) | Symantec agency Quote

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Microsoft service provider (MSFT) CEO Satya Nadella on this autumn 2018 consequences - salary name Transcript | Real Questions and Pass4sure dumps

Microsoft corporation (NASDAQ:MSFT) q4 2018 outcomes income conference call July 19, 2018 5:30 PM ET


Michael Spencer - common supervisor, IR

Satya Nadella - Chief executive Officer

Amy Hood - Chief financial Officer

Frank Brod - Chief Accounting Officer

Carolyn Frantz - Deputy everyday advice and company Secretary


Keith Weiss - Morgan Stanley

Karl Keirstead - Deutsche bank

Heather Bellini - Goldman Sachs

Mark Moerdler - Bernstein research

Walter Pritchard - Citi

Phil Winslow - Wells Fargo

Lionel Renshaw - Barclays

Gregg Moskowitz - Cowen & business

Keith Bachman - financial institution of Montreal

Mark Murphy - JP Morgan


Greetings and welcome to the Microsoft Fiscal year 2018 Fourth Quarter revenue convention call. at the present all members are in a pay attention-handiest mode. a question-and-reply session will follow the formal presentation. [Operator Instructions] As a reminder, this convention is being recorded.

it is now my pleasure to introduce your host, Michael Spencer, well-known supervisor, Investor relations. thanks sir. You can also begin.

Michael Spencer

first rate afternoon, and thank you for becoming a member of us nowadays.

On the call with me are Satya Nadella, Chief government Officer, Amy Hood, Chief economic Officer, Frank Brod, Chief Accounting Officer, and Carolyn Frantz, Deputy popular information and company Secretary.

On the Microsoft Investor family members web site, that you would be able to discover our income press free up and fiscal abstract slide deck, which is intended to supplement our prepared remarks all through nowadays’s name and provides reconciliation of ameliorations between GAAP and non-GAAP economic measures.

unless in any other case designated, we are able to refer to non-GAAP metrics on the call. The non-GAAP economic measures supplied may still not be considered as a substitute for, or advanced to, the measures of financial efficiency organized in response to GAAP. they're covered as additional clarifying objects to aid buyers in extra understanding the company’s fourth-quarter performance besides the have an effect on that these items and events had on the monetary effects.

All increase comparisons we make on the name nowadays relate to the corresponding period of closing year unless otherwise referred to. we can also provide boom quotes in regular foreign money, when accessible, as a framework for assessing how our underlying groups performed, apart from the effect of overseas forex price fluctuations. the place increase quotes are the equal in constant currency, we are able to discuss with the boom rate best.

we can put up our prepared remarks to our web page immediately following the name unless the complete transcript is accessible. today’s call is being webcast live and recorded. if you ask a question, it might be blanketed in our are living transmission, in the transcript, and in any future use of the recording. that you would be able to replay the call and examine the transcript on the Microsoft Investor members of the family website.

during the call, we might be making forward-looking statements which can be predictions, projections, or other statements about future pursuits. These statements are in response to latest expectations and assumptions which are area to hazards and uncertainties. genuine effects might materially differ on account of elements mentioned in these days’s earnings press liberate, in the comments made all through this conference name, and in the chance aspect portion of our form 10-ok, types 10-Q, and different studies and filings with the Securities and trade fee. We do not undertake any responsibility to replace any forward-looking observation.

And with that, I’ll turn the name over to Satya.

Satya Nadella

thanks, Mike, and due to everybody on the mobile for joining.

I’m pleased with our amazing consequences this quarter and much more proud of what we've accomplished over the closing one year. We delivered more than $110 billion in revenue for the total yr with double digit topline and final analysis increase. And our business cloud enterprise surpassed more than $23 billion in revenue for the year with gross margin increasing to 57%. The energy of our results displays accelerating innovation and the have confidence customers are placing in us to vigour their digital transformation.

I shared our imaginative and prescient for the clever cloud and intelligent side a little over a yr in the past, a imaginative and prescient that's now at once fitting fact and impacting each customer in each trade. every thing we've achieved this year has been about accelerating our lead in this new era and the enormous opportunity forward. We concentrated on the appropriate secular expertise developments and growing to be markets and followed that up with solid roadmap execution.

We reorganized our engineering groups to break free of the classes of the previous and stronger align with the emerging tech stack from silicon to AI to experiences, to superior serve the wants of our purchasers these days and lengthy into the future. We reoriented our earnings and marketing teams, including trade and technical talents to associate greater deeply with our customers on their digital transformation journeys. And, most significantly, we drove innovation to deliver differentiated cost across the cloud and the facet.

Now, I’ll in brief highlight some of our innovation and momentum. We added Microsoft 365 to empower employees in the modern office. Microsoft 365 is now a multi-billion-dollar enterprise that offers our valued clientele a course to the cloud and broadens our attain with new and underpenetrated markets, together with more than 2 billion first-line worker's, and industry-certain workflows.

across Microsoft 365, we are helping americans be more productive, collaborate and reside comfy on any gadget with AI infused experiences they use each day, and it’s driving usage. we've more than 135 million clients of office 365 commercial. Outlook cell is getting used on more than one hundred million iOS and Android contraptions. And more than 200,000 groups are using Microsoft teams because the hub for teamwork.

We invested to make home windows 10 essentially the most modern, relaxed, at all times-up to date operating device. windows 10 is now active on virtually seven-hundred million instruments, and the increase of the commercial enterprise deployments this 12 months exceeded our expectations.

It turned into a checklist yr for LinkedIn, now with greater than 575 million contributors and income growth of 37% in q4, the fifth consecutive quarter of profits acceleration. We saw listing stages of engagement and job postings again this quarter, with classes growth up forty one% yr-over-yr. This strong engagement is pushed by using exceptional of the feed, video, messaging and acceleration of cell utilization, with mobile classes up more than fifty five% year-over-yr. we can continue to invest to make LinkedIn the standard platform to connect the realm’s professionals and assist them obtain more with experiences powered by means of LinkedIn and Microsoft graphs.

Dynamics 365 offers organizations a substitute for monolithic, siloed suites of company applications with modular, modern, extensible, and AI-driven apps that unlock insights across each a part of the company, from income to HR. It’s gaining traction as our third industrial cloud growth engine, with revenue up sixty one% year-over-year. Our investments in power BI, PowerApps and flow as the new analytics and software platform are gaining massive momentum with ISVs and commercial enterprise consumers.

Azure is the most effective hyper scale cloud that extends to the part throughout identification, records, software platform, security and management, and our differentiated architectural strategy drove a further amazing quarter of increase. we're investing aggressively to construct Azure as the world’s laptop.

We improved our world datacenter footprint to 54 areas, greater than another cloud company, and with the most finished compliance coverage in the business. We introduced almost 500 new Azure capabilities in the closing 12 months on my own, concentrated on each existing workloads and new workloads reminiscent of IoT and AI on the aspect. We added Azure Stack and Azure Sphere, two first-of-their kind cloud-to-part solutions that are already seeing effective client demand.

we are democratizing statistics science and AI with Azure Cognitive functions, Azure ML, and facts functions corresponding to Azure Cosmos DB to assist groups of all sizes convert their records into insights and experiences for competitive expertise. the world’s main corporations are working on Azure, and that i’m notably proud that Walmart chose Azure and Microsoft 365 to speed up its digital transformation for his or her associates and consumers.

In Gaming, we are pursuing our expansive probability from the style video games are created and allotted to how they're performed and seen, surpassing $10 billion in salary this yr for the first time. we're investing aggressively in content material, neighborhood and cloud features across every endpoint to extend usage and deepen engagement with gamers. The mixture of Xbox reside, video game circulate subscriptions and Mixer are riding record degrees of growth and engagement.

now not handiest are we investing to develop organically however we are also investing inorganically in alternatives that extend our total addressable market and accrue value to our platforms and our purchasers. Take LinkedIn. we now have united the world’s leading knowledgeable cloud with the world’s leading knowledgeable network and proved that we've an integration mannequin that works, enabling LinkedIn to accelerate boom while retaining its member-first ethos.

With GitHub, we identified the more and more a must have role that builders play in cost introduction and increase within the period of the clever cloud and intelligent part. Our pending acquisition will enable us to carry our equipment and services to new audiences, while enabling GitHub to grow and hold its independence and developer-first ethos and group.

PlayFab accelerates our vision to construct an international-class cloud platform for the gaming business throughout cellular, computer and console. And the addition of 5 new gaming studios bolsters our first-birthday party content construction to help our quick-growing gaming functions.

Microsoft has all the time been a companion-led business, and companions increasingly see extra opportunity on our structures, inspiring main agencies like SAP, Adobe and GE, in addition to quickly-growing start-usalike InMobi to play an excellent greater role in our bright and growing accomplice ecosystem, an asset that gives us scale during this new period.

In closing, our possibility has on no account been better. we are able to proceed to innovate and make investments throughout our answer areas in serving our customers and their unmet and unarticulated needs. With this giant opportunity comes extremely good accountability. We’re relentlessly working to instill have faith in know-how throughout every little thing we do. It’s why we are able to proceed to guide the trade dialogue on trust, advocate for client privateness, drive industry-wide cybersecurity initiatives, and champion moral AI.

Our investments and business model are essentially aligned with our consumers’ lengthy-time period pastimes and success. This opportunity and responsibility grounds us in our mission to empower each person and every firm on earth to obtain more. I’m happy with our growth, and that i’m proud of the more than a hundred,000 Microsoft personnel worldwide who are focused on our consumers’ success during this new era.

Now, I’ll hand it over to Amy who will cover our monetary results in detail and share our outlook. and i seem ahead to rejoining you for the questions.

Amy Hood

thank you, Satya, and decent afternoon, everyone.

This quarter, income become $30.1 billion, up 17% and 15% in regular currency. Gross margin greenbacks extended 19% and 16% in consistent forex. operating earnings expanded 30% and 24% in constant currency. earnings per share become $1.13, increasing 7% and 3% in consistent foreign money. As a reminder, FY17 protected a $1.eight billion tax improvement regarding up to now non-deductible mobilephone losses.

In our greatest quarter of the yr, our income groups and partners delivered remarkable commercial consequences. We noticed robust efficiency in most of our geographic regions in opposition t a backdrop of favorable macroeconomic circumstances and positive IT spending developments.

client commitment to our cloud platform continues to increase. In FY18, we closed a checklist number of multi-million-dollar industrial cloud agreements and more than doubled the number of $10 million-plus Azure agreements. Our annuity combine accelerated three elements 12 months-over-12 months to 89%. consequently, business bookings expanded 18% even with a powerful prior year related. commercial unearned salary changed into $29 billion, growing 23% and 21% in constant currency, vastly bigger than predicted as a result of enhanced than expected cloud billings.

Our business cloud profits was $6.9 billion, becoming 53% and 50% in steady currency with amazing performance across the U.S., Western Europe, and the uk. commercial cloud gross margin percent multiplied 6 aspects to 58%. in accordance with our commitment originally of the year, we more suitable the gross margin percent in each and every cloud carrier, with Azure seeing probably the most tremendous improvement.

Our enterprise gross margin percentage was 68%, forward of our expectations, and up 1 factor yr-over-yr from development in our more own Computing phase, pushed with the aid of surface.

FX extended salary boom via 2 aspects, 1 factor decrease than predicted, because of a better U.S. dollar. on the section level, FX had a good affect of 3 features on productivity and business approaches and intelligent Cloud and 1 aspect on more very own Computing revenue. The FX have an effect on to COGS changed into immaterial.

This quarter, working expenses grew 9% and eight% in constant forex, above our expectations due to revenue pushed price, reminiscent of earnings compensation given the energy of the quarter, and severance price, essentially in our earnings organizations, offset via FX favorability. amazing profits increase, greater device gross margin percentage, and continued focused funding in cloud engineering, cloud sales skill, and LinkedIn created operating income leverage. This quarter, operating earnings improved once more, up three points 12 months-over-12 months.

Now, to our section results. revenue from productiveness and company methods become $9.7 billion, increasing 13% and 10% in steady foreign money, according to our expectations even with the headwinds from a more robust dollar and an improved than predicted mixture of cloud billings in our workplace business and Dynamics companies all the way through the quarter. As a reminder, under ASC 606, cloud profits is ratably recognized while annuity on-premises earnings has a element of upfront awareness. an improved mixture of cloud billings is reflected in additional unearned earnings and fewer in-duration focus in a quarter.

office industrial profits accelerated 10% and 8% in consistent forex. office 365 commercial salary grew 38% and 35% in regular currency and office 365 industrial seats grew 29%. We continued to look healthy put in base increase and ARPU growth from client adoption of premium workloads in E3 and E5. workplace purchaser income multiplied eight% and 6% in regular forex, pushed by way of habitual subscription profits and boom in the subscriber base, now at 31.four million.

Our Dynamics company grew 11% and 8% in steady forex, with double digit billings increase. Dynamics 365 grew 61% and 56% in regular forex.

LinkedIn salary grew 37% and 34% in consistent foreign money with potent execution across all groups. As Satya highlighted, engagement endured to accelerate, and we also noticed listing ranges of job postings, benefitting from a strong U.S. job market.

phase gross margin dollars grew 13% and 10% in consistent currency. Gross margin percentage become extraordinarily unchanged yr-over-12 months whilst cloud combine increased, driven by using margin expansion in office 365 and LinkedIn.

working costs extended 7% as we persisted to invest in LinkedIn, cloud engineering, and commercial earnings capacity. working income accelerated 20% and 13% in constant currency.

earnings from the clever Cloud phase changed into $9.6 billion, expanding 23% and 20% in regular forex, with more advantageous than anticipated consequences in each our on-premises and Azure businesses. Server products and cloud functions profits elevated 26% and 24% in regular forex, pushed by means of continued powerful Azure salary increase of 89% and eighty five% in consistent foreign money. Azure per user capabilities performed ahead of expectations with our business Mobility put in base growing to be fifty five% 12 months-over-year to over 82 million. Our on-premises server business grew eight% and 6% in steady forex, with double digit growth in premium server items salary and suit renewals, making the most of the gigantic price valued clientele see in our hybrid solutions.

enterprise capabilities earnings grew 8% and 7% in regular forex, as growth in Premier assist services and Microsoft Consulting functions was partly offset by a decline in custom aid agreements for windows Server 2003.

segment gross margin bucks increased 23% and 20% in consistent forex. Gross margin percent was surprisingly unchanged as material growth in the Azure gross margin percent turned into offset by means of a growing to be mixture of Azure IaaS and PaaS earnings. working expenses multiplied 11% with ongoing investments in cloud engineering and revenue means to help good-line growth. working earnings grew 34%, up 30% in consistent currency.

ultimately, greater own Computing. profits turned into $10.8 billion, up 17% and sixteen% in consistent currency, with stronger than anticipated outcomes in windows commercial, OEM seasoned, and floor.

within the commercial house, we saw an accelerating tempo of windows 10 business deployments this quarter. client demand for up to date and comfortable hardware and better than expected computing device growth in geographies where pro mix is excessive contributed to OEM earnings increase of 14%, forward of the typical commercial market. windows commercial products and cloud functions grew 23% and 19% in constant foreign money, pushed by using double digit billings boom in addition to a more robust mixture of in-quarter awareness from multi-year agreements.

In buyer, OEM Non-seasoned salary declined 3%, just a little under the purchaser notebook market, pushed via persisted drive in entry-level rate class, while we persisted to take share in the premium class. inventory tiers were inside the typical latitude.

Search profits ex-TAC increased17% and sixteen% in steady foreign money pushed by using enhancements to our promoting platform and Bing extent boom across each U.S/ and overseas markets. floor earnings accelerated 25% and 21% in consistent foreign money, pushed by means of amazing performance of the latest versions within the portfolio towards a low prior year comparable.

In Gaming, revenue grew 39% and 38% in consistent forex. Xbox software and services grew 36% and 35% in consistent forex, specifically from a third-birthday celebration title. Xbox reside monthly active users accelerated eight% to 57 million. segment gross margin bucks grew 21% and 18% in regular foreign money. Gross margin percent improved pushed through new surface variations, offset by means of sales mix to decrease margin companies.

operating charges grew 9% and eight% in regular forex, pushed through seasonality adjustments in promoting spend versus the prior yr and investments in engineering throughout Search and AI. operating profits grew 38% and 32% in consistent currency.

Now, again to total company outcomes. Capital charges including finance leases were $4.1 billion and extended on a sequential basis, in line with expectations. money paid for property, plant, and machine was $four billion, reflecting investments to guide growth in our cloud business in addition to a $250 million true property acquisition.

Free cash circulation turned into $7.4 billion and down 15% 12 months-over-year, reflecting bigger capital fees in help of our cloud business. cash circulate from operations grew 4% 12 months-over-yr and protected tax payments related to the adoption of ASC 606 and TCJA, as well as an past start to the hardware inventory build for holiday than in the prior year. aside from the have an impact on of those objects, operating money move grew about 13%, driven by using mighty cloud billings and collections.

different salary and fee become approximately $300 million, decrease than expected due to FX re-size. Our non-GAAP advantageous tax fee changed into 18%, higher than predicted as a result of the geographic mixture of our earnings. and at last, we lower back $5.3 billion to shareholders via dividends and share repurchases, an increase of 16%. Our this fall share repurchase became $2.1 billion, up 31% yr-over-year, but down sequentially, given the suspension of share repurchase recreation in boost of the announced GitHub acquisition.

Now, let’s movement to the outlook. My commentary, for each the total yr and subsequent quarter, does not encompass any influence from GitHub which we still predict to within reach the conclusion of the calendar 12 months. standard, the key drivers and traits of our business for the next fiscal yr continue to be largely unchanged from April and assume a consistent macro atmosphere.

First, on FX. Assuming that quotes continue to be sturdy, we predict no affect to full yr profits growth, with any FX improvement in H1 offset in H2. FX may still lower COGS and working expense boom by using 1 point. 2d, our business business. Given corporate IT spend optimism, an expanding demand for cloud functions, our mighty competitive product place, and constant sales execution, we predict one other 12 months of strong earnings growth and better annuity mix throughout our business enterprise. As customer commitment to our cloud raises, we're seeing bigger and long run agreements. subsequently, we may additionally see extended quarterly volatility in business bookings growth and business unearned revenue.

productiveness and company tactics may still continue to grow double digits pushed through workplace 365, Dynamics 365, and LinkedIn. consumer demand for our hybrid offerings may still pressure excessive-young adults boom in our server items and cloud capabilities earnings KPI. And in Azure principally, we are expecting an expanding mixture of IaaS and PaaS consumption-based mostly earnings. In windows, we expect mighty company fundamentals in our OEM professional and windows industrial groups, though the rates of revenue boom will sluggish through the year against a strong FY18 similar.

Third, business cloud gross margin percent. We are expecting continued development in each commercial cloud provider, as well as in the basic commercial cloud gross margin percentage. The cost of growth will moderate relative to FY18 as income combine continues to shift to Azure IaaS and PaaS consumption-based mostly functions, and we know much less yr-over-12 months development in our per-consumer features.

we are able to continue to increase our investments in CapEx to fulfill the becoming demand for our cloud features, youngsters we do expect the increase price for the year to average.

subsequent, working expenses. Given our mighty execution, we can proceed to make investments within the tendencies and starting to be markets we believe are fundamental to lengthy-term shareholder value creation. investment in business cloud, LinkedIn, gaming, and AI may still influence in working cost boom of roughly 7%. Even with these strategic investments and the persevered shift to our cloud agencies, we predict working margin to be up a bit yr-over-12 months.

other salary and fee should still be a bit of bad, based on prior information, and with quarterly variability primarily because of alterations in FX remeasurement, interest rates, and valuation adjustments with the adoption of the brand new accounting suggestions for economic investments.

and at last, tax expense. We’ve sophisticated our estimates of the influences from TCJA, the mix of carrier versus license earnings, and the geographic mixture of income and now predict our FY19 constructive tax price to be roughly 17% with quarterly variability.

Now, to the outlook for our first quarter. First, FX. Assuming present fees remain reliable, we predict FX to raise revenue boom by using about 1 element and decrease COGS and operating charges by using 1 aspect. 2nd, our business business. We predict a further healthy quarter with business unearned revenue down about 10% sequentially, in line with historical seasonality. industrial cloud gross margin percentage will enrich a little bit on a sequential basis. Third, we predict an extra quarter of sequential boom in capital bills as we proceed to support turning out to be, international consumer demand.

Now to the segment suggestions. In productiveness and business processes, we expect revenue between $9.25 billion and $9.forty five billion, pushed by double digit growth in office commercial and Dynamics. LinkedIn salary boom should still remain excessive on a more robust prior 12 months similar. In clever Cloud, we are expecting salary between $eight.15 billion and $eight.35 billion. Azure profits increase should mirror a stability of persevered electricity in our IaaS and PaaS consumption-based features and a moderating expense of increase in our per-consumer functions. in more own Computing, we expect income between $9.ninety five billion to $10.25 billion. In OEM pro, we expect profits increase in keeping with the business pc market. And in OEM non-pro, we expect identical dynamics as viewed in q4.

In floor, we continue to expect potent performance from our latest variants, together with the new surface Go, to pressure increase corresponding to Q1 of the prior year. Search ex-TAC may still see yet another quarter of mid-teens boom with consistent execution in opposition t expense and extent growth opportunities. In Gaming, we are expecting mid-young adults profits growth with continued robust consumer engagement on our platform. The utility and functions boom expense will average due to mighty third-birthday party titles launched a year in the past. We expect COGS of $9.5 billion to $9.7 billion and working costs of $9.2 billion to $9.3 billion. different revenue and expense is expected to be about bad $one hundred million. and at last, we are expecting our Q1 positive tax price to be a little lessen than our full 12 months rate as a result of the volume of fairness vests that take location during our first quarter.

Mike, let’s go to Q&A.

Michael Spencer

Thanks, Amy. We’ll now circulate to Q&A. Operator, can you please repeat your directions?

query-and-reply Session


thank you. women and gentlemen, at the present, we’ll be conducting a question-and-reply session. [Operator Instructions] Our first query is coming from the road of Keith Weiss with Morgan Stanley. Please proceed together with your question.

Keith Weiss

wonderful. thank you guys for taking the question. And congratulations on a really satisfactory quarter. i needed to dig into Azure a bit bit. I think boom standard in Azure this quarter is doubtless ahead of most peoples’ expectations. And it sounds like the class of company that’s being done on Azure is becoming extra strategic and altering a bit bit. So, Satya, i was hoping you may consult with us a bit bit in regards to the styles of workloads, the category of sort of functions which are being used on Azure, how that’s evolved over the past year. And Amy, for you, perhaps there's a new KPI, I agree with. You gave us sort of the growth within the enterprise Mobility of fifty five%. become that in keeping with your expectations? as a result of i do know you have been type of tempering our expectations on growth in that part of the business. Is that starting to be in response to sort of the slowdown you have been expecting or is that improved than you had imagined?

Satya Nadella

yes. So, let me -- firstly thanks Keith for the question. And so, let me birth. usual, in terms of the workload mix, it’s been pretty strong, which is our hybrid value proposition really has continued to resonate. So, that skill there’s a bunch of workloads which are migrating to the cloud, individuals use both Azure Stack plus Azure. So, that continues to drive lots of IaaS increase for us as americans are form of searching basically to raise and shift lots of their existing facts middle workloads. Then, on properly of it, we even have modernization of apps it is accelerating. And that drives loads of the greater level services, in certain our records services as well as our AI functions when AI services are virtually compute, however what happens is all this compute then requires storage and records, and that’s an extra region where we see expanding acceleration.

The one factor that i'd say that i am increasingly seeing is Tier 1 workloads. In some experience, in case you think about one of the crucial commitments being made by using one of the most largest brands in the world in terms of what they’re doing, one, it’s very core to their operation; and two, they're operating it in the cloud. And so, that’s one factor that truly is a market difference for us.

Amy Hood

And to your query on the per consumer features, especially commercial enterprise Mobility, Keith, it become a bit more desirable than I had expected in q4. And in reality, driver of those per user services, equivalent to EMS, definitely is the price proposition that Satya refers to, and we discuss with as Microsoft 365 and we saw energy widely. And in case you believe about that, it’s the home windows industrial, it’s office 365 industrial and EMS. And really that I suppose what we heard a whole lot became the price of the protection and administration continue so as to add greater supported endpoints, present actually significant cost to purchasers. And we did see just a little greater power than i used to be anticipating in this fall.


thanks. The subsequent query is coming from the line of Karl Keirstead with Deutsche financial institution. Please proceed.

Karl Keirstead

Amy, the commercial unearned revenue and bookings have been once again tremendous potent, and evidently Microsoft is benefiting from relatively strong EA renewal endeavor. So, for those who look out into fiscal ‘19, how would you compare the degree of renewal undertaking versus fiscal ‘18 and financial ‘17? It sounds like you’re nevertheless useful, however I’d like to hear some color whether it feels pretty much as good as the fiscal 12 months you just ended? thank you.

Amy Hood

Thanks, Karl. Let me destroy up that question a little bit, since you really requested a couple of issues that are vital. #1, the unearned power that we saw at the end of this fall, you’re appropriate, became very first rate execution on renewals on a reasonably large renewal base. however, there turned into additionally very respectable execution of adding new workloads, including new chance in this autumn, issues equivalent to Azure, for instance or Dynamics 365, as an example. So, definitely q4 wasn’t just renewal endeavor, it changed into additionally new workloads and new price. So, when you look into ‘19, i'm optimistic on both of these fronts, respectable execution carrying on with on renewals in addition to including new price, new opportunity. And the third element of the question changed into definitely how did the renewal base correlate FY18? And the answer is, it’s a little greater, however it really has the equal quantity of volatility quarter-to-quarter, so Q1 renewal base is basically almost reminiscent of final yr.


The next query is coming from the line of Heather Bellini with Goldman Sachs. Please proceed with your query.

Heather Bellini

i used to be wondering, Amy or Satya, if you can support us suppose about how Azure Hybrid improvement has modified the classification of internet expansion expense, you are experiencing on your ELAs that come up for renewal? and that i recognize you are variety of a little bit concerning that with Karl, however is there any solution to aid to believe about how that in particular might possibly be assisting the enlargement quotes of these money owed? and can you assist us to suppose about how this may be -- how that should be would becould very well be helping power growth for your present contracts? after which the other question could be. you will have mentioned that you're relocating some per consumer consumption that you will see more increase in consumption based capabilities versus per user Azure workload growth. and that i’m simply form of wondering, in case you may share with us, is there any gross margin impact there? Does one have greater gross margins than the other? Is there the rest that we may still be taking from the way you are parsing these feedback about how we suppose of Azure's gross margin development going forward?

Satya Nadella

So, on the first one, I basically feel that these hybrid used advantages are being variety of ideal saved secrets and techniques. So, I’m really hoping that going into this next fiscal year, we do a better job and customers do an improved job, however they don’t advantage since the abilities Azure has because of the hybrid used advantages across the whole workload are pretty phenomenal, and we had an outstanding set of periods at our accomplice meetings this week just basically making certain that each person understand those merits. So, I don’t feel that, it is definitely performed out. If the rest, all the growth we now have seen is despite that now not being commonly earnings using growth.

however to your 2nd question I’ll even say here which is that, I believe that there's evidently change in GM between the per user and consumption. but the key's even the consumption functions are available in different types, there's the IR features, there's the information functions, and some of the better degree functions. Some of these IoT capabilities now even have SaaS add-ons to it. So, therefore, I suppose that the mix will be diverse via quarter-via-quarter, however more and more our method is in again and again to get our valued clientele to get going with what's core storage or core compute, but then they scale into these larger ranges of functions.

Amy Hood

and i’d say, Heather, the two components just to add. The Azure has a benefit. I consider we're starting, as Satya talked about, we started to see some impact from that individually in q4 in the on-prem KPI. but it basically become extra in home windows. And the value as we continue to look in SQL subsequent 12 months I do think there is some chance for customers to know the actual cost from these hybrid merits. And so -- as so as to add confidence to my excessive young adults KPI growth for the 12 months is that this is a extremely consumer price oriented present.

To your question on GM, Satya has undoubtedly correct on that one. and i’d say the way we believe about it's really greater -- we're speaking about Azure per consumer, it in fact does movement extra with M365 per consumer. it be virtually more desirable to position that for your mind as behaving more and having extra buildings greater like office 365 and behaves rather in a similar way; tends to have first rate quarters, once we do good execution on workplace 365, and so my feedback have been more and proceed to be round having individuals take into account that sales motion, and that it tends to movement in that course.


thank you. The next question is coming from the line of Mark Moerdler with Bernstein research. Please proceed together with your query.

Mark Moerdler

So, I’ve two related questions. And the first is, in case you analyze this quarter, the clever cloud earnings grew 23% and the gross margin bucks grew the same 23%, given the SaaS growing to be lower margin Azure company, we’re no longer seeing any longer poor margin impact. have you reached the aspect the place the incremental dollar for Azure profits is closed to the standard intelligent cloud margin? after which a 2d, ask for forgiveness, a a bit long query. CapEx spending in the quarter and the whole yr have been both amazing. We might argue the possibilities right here, it’s pushed via the entire capability of the demand or you having to spend a lot of it on changing device as they’re ageing out. How should still we suppose about the combine in CapEx between building demand and changing with there?

Amy Hood

Let me take both of these. On the first one, when it comes to the GM this quarter, you're appropriate. The improvements notably within the IaaS and PaaS, gross margin of Azure did offset the cloud mix to Azure within the segment, going forward carrying on with to look that. I think searching extra compelled on gross margin simply since the amount of Azure within the mix on the price is growing, we’re still not at that aspect the place a $1 of gross margin within the cloud is comparable to a $1 on-prem. That being said, we’ve plenty as you noticed this quarter room to develop gross margin greenbacks, in that even within that frame going into FY’19.

on your 2d question in terms of capital spent, if you think about it at a high degree, our capital fees are growing to be at a lessen fee than our typical cloud salary is transforming into, and that’s why we’re starting to see leverage, appropriate, flow during the P&L. and i consider that the price of CapEx boom, as I spoke of in FY’19 will moderate, that happens on account of route we’re doing a little replacement typical. We're including areas and seeing lots of world demand, and so -- and enhancing margin, so I think that’s clearly the very high stage as you asked the question. I are likely to suppose salary is turning out to be quicker than the capital. You’re seeing leverage throughout the P&L and we’ll see a moderating price in FY’19 despite the fact that Q1 is the big quarter. It’s simply going to be risky as CapEx tends to be quarter-to-quarter according to each deliver chain and demand.


thanks. The subsequent query is coming from the road of Walter Pritchard with Citi. Please proceed.

Walter Pritchard

Amy, questioning on the office side, product and functions on the commercial facet, you had I feel eight% boom. the bottom you’ve seen, i do know 606 drive some volatility in that enterprise. may you assist us take into account, what drove that within the quarter? and i understand you’re making some alterations like this guide etc as you get into the out years. Is there any impact that you just expect to the gross expense in that companies as we seem ahead from these alterations?

Amy Hood

The whole impact in that KPI, I definitely suppose very first rate about that quantity because if you suppose concerning the $1 billion plus beat we had for the unearned, it become because of the fact that we had very respectable combine shift office 365 when it comes to billings within the quarter, almost very little of that gets identified in quarter. Now, this all goes to the balance sheet. So, my confidence for FY19 in that number being the double digits we mentioned within the full 12 months e book, only receives raised by way of on the grounds that execution. So, it is in fact 606 linked, if the way to believe about it plus a mix of billings and billing strength. So, I don’t really think of that as being bad, and you saw the exact identical habits and dynamics. So, it be a beautiful an identical in period in quarter affect.


The subsequent query is coming from the line of Phil Winslow with Wells Fargo. Please proceed with your question.

Phil Winslow

Amy, query for you. you could have commented on the effective unfold that you're seeing in the windows OEM enterprise, both universal, however mainly on the industrial side. when you start to think forward in the subsequent, call it, couple of quarters, right here absolutely, you instructed us what the high-quality drivers had been. however how do you see this taking part in out? and might we keep that wonderful unfold? And in that case, why, and if it does might be slim type of how do you feel concerning the narrowing?

Amy Hood

So, let me frame it first as this issue that I and we're are seeing in fact customers driven, which is, in case you all started home windows 10 and the price the shoppers seek. And what we're seeing is accelerating commercial enterprise deployment of home windows 10. When that happens, it does create demand for brand new contraptions and modern contraptions that stronger protection. in order that then in flip consequences in a higher and superior average OEM computer industrial market. in addition on account of the macroeconomic conditions are truly quite decent on this entrance and with the company optimism developing some wind at our again, I also feel individuals seem to be and say if protection and cost are essential, here's an excellent time to invest in up to date PCs. And specific in market the place pro combine has been potent, I continue to are expecting to peer all of those issues take place, in the course of the course of subsequent yr.

Now, what you'll see however, if all these things even do stay genuine which I are expecting them to, if the financial atmosphere stays the equal. H2 the place now we have had truly powerful profits boom and a really strong market will I feel moderate growth clever, simply since the base it was coming off in '17 turned into simply an awful lot decrease. So, besides the fact that I see all of the first rate things and first rate traits going on that I consider truly create a very good chance for us to sell Microsoft 365, you are going to see increase prices average subsequent 12 months.


thank you. The subsequent question is coming from the road of Lionel Renshaw with Barclays. Please proceed along with your question.

Lionel Renshaw

Amy, can i go back to the server product, you partly answered it with the every time ask and that i believe hybrid cloud should be an element right here, but the increase changed into the top of the line we've seen for a very long time. are you able to just talk concerning the drivers that form of were at play right here?

Amy Hood

you are right. the primary one was the improvement that we saw from hybrid, in selected, with a large have an impact on on windows Server. The second has been a fashion we additionally referred to a little before. We saw a robust double-digit growth in top class. So, it became combine shift in addition to I consider strikes within the hybrid merits as a price throughout the valued clientele, these two would have in any other case I’d really call out as drivers for the quarter.

Lionel Renshaw

I suggest they should still be especially sustainable, if I listen to them to you?

Amy Hood

I consider the one -- I consider basically crucial factor for us is carrying on with to focus on creating client price. The theory of including lots of cost by using having and giving consolation to the purchasers that as they make a commitment to the Microsoft platform that they can flow between a dedication to on-prem to the cloud in a excessive price manner, I do accept as true with is a distinct issue that we offer at present.


The subsequent query is coming from the road of Gregg Moskowitz with Cowen & business. Please proceed together with your question.

Q - Gregg Moskowitz

Satya, here's more of a large photograph question, however over an extended time period period, i am curios how large you consider edge computing will become relative to centralized cloud computing?

Satya Nadella

yes, I think imaginative and prescient that we've always had is that allotted computing in some experience will stay allotted. So, we don’t break up this into, there's an edge computing, there's a cloud computing. The want for computing is on the secular foundation going to increase. And as you deserve to cause over greater quantities of statistics, you need not simplest storage and compute to be co-located in all places because the world get them embedded with computing, that’s what we're building for.

So in case you believe about our true aggressive expertise and differentiation is, we now have one programming mannequin, one identification model, safety, management. in order that modern builders as well as it can use the compute purchasable from Azure Sphere to Azure. And the reality is these up to date workloads basically lose it all.

So it's no longer like I just build and Azure Sphere application. I build and utility that’s fundamentally dispensed that additionally happens to ransom and compute on Azure Sphere. That I consider the longer term which is allotted computing going returned to what must be basically distributed, even pushed server-less even versus this aspect about let's simply have one-time migration to whatever new.


Our subsequent query is coming from the road of Keith Bachman with bank of Montreal. Please proceed along with your question.

Keith Bachman

Satya, i wished to direct this to you, if I might. I’d like to have in mind the way you view dynamics latest positioning in comparison to the market opportunities? And the context of the query is, dynamics is still a reasonably small a part of Microsoft revenues as neatly in case you appear at the market share of the place dynamic serve, it be a fairly small a part of the markets served. So, what do you consider Microsoft needs to do to have a larger have an effect on against the market opportunities?

Satya Nadella

ordinary, we're very committed and intensely bullish about the chance in dynamics. With Dynamics 365 for example, what you even to look in this last fiscal 12 months which has been the primary full fiscal 12 months where we have this modern, modular approach to enterprise application. I think or not it's very disruptive in the market place since it brings a very distinctive price proposition. It has a value talents and the value skills for consumers. And in it what's fundamentally fragmented mark, here is not a business software not ever changed into and by no means may be a winner-take-all. i do know folks think about it top-rated state, it’s no longer I imply it’s about one small class in a single section known as business.

There’s a share -- high share trust it 25%, 35% of what have you. So in some sense, this one has always been about being capable of serve customers primarily in an expanding digitization work, correct, which is the need for extra enterprise method automation is increasing. Take an IoT venture, translate into a preventive protection in Azure after which ends up as fields provider and Dynamics, that’s been one sample and we’ve viewed a ton of traction with. with the intention to me us going really to those new secular boom alternatives while being disruptive to the fame quo of anyone who has excessive margins and intensely high cost monolithic items today is basically our method going ahead.


thanks. Our closing is coming from the road of Mark Murphy with JP Morgan. Please proceed along with your query.

Mark Murphy

So, Amy, we preserve expecting the office 365 business seat increase to decelerate materially at some factor, based mostly upon the penetration stage. but this quarter that seat growth definitely accelerated a few 1 element to 29%. And once we appear returned on it the trajectory really isn’t too different than the place it changed into even a 12 months ago. So i was simply curious, is there some underlying driver there that might hold that deceleration notably manageable going ahead? Or what you proceed to peer that flowing in a method that beyond regular time would exert a bit drag on Azure through this per person Azure services?

Amy Hood

here's one the place time beyond regulation there’s definitely goes to be a deceleration. here is a per consumer enterprise. And 365 has that attribute and office has it, EMS has it, and so this quarter in fact what we noticed, changed into in reality some electricity in training became introduced a good volume seats this quarter as smartly as good execution across our other segments. And so, we did see somewhat of increase that we have been excited to peer frankly on a segment where we’ve been working complicated to make further development and add cost. The crew has in reality finished great job in that segment, created some basically contemporary presents, to get again and to increase market that as well.

however over the future and as we continue to flow aggressively, we can continue to are seeking for increase dissipate, however i'd also say here's going to take longer than I suppose many individuals would have idea, there’re loads of clients as we continue to redefine what office is that you just add to the base. whether it truly is first client workers, whether that’s an expanding variety of small corporations who finally have access and cost that we’re developing for them across things from scheduling all the approach to being able to work through minor company method changes like Satya has noted. So, really as we proceed to redefine what office capability from whatever that people will at all times associate with note, Excel and PowerPoint, to issues that suggest in cell or video would move, or collaboration with groups, I suppose we have possibility to proceed so as to add these new clients, new types of users that we haven’t had entry earlier than and the ability even to users we have.

Michael Spencer

That wraps up the Q&A component of nowadays’s earnings name. thanks for joining us today and we seem forward to speakme with you all of you soon. which you can discover further particulars on the Microsoft Investor members of the family web site. Thanks.

Amy Hood

thank you each person.

Satya Nadella

thanks very much.


women and gentlemen, this does conclude cutting-edge teleconference. once more, we thank you to your participation and you'll disconnect your traces at the present.


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Symantec ASC-066 Exam (ASC EndPoint Management Assessment) Detailed Information


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