The tech giant posted fourth-quarter revenue of $90 billion, up 18 per cent year-on-year, while operating income rose 18 per cent to $40.6 billion. On a non-GAAP basis, net income rose 22 per cent to $35.3 billion and diluted EPS increased 23 per cent to $4.74. Microsoft Cloud revenue surged 27 per cent to $59.3 billion during the quarter. Revenue from the Intelligent Cloud segment rose 32 per cent to $39.3 billion, with Azure and other cloud services revenue jumping 43 per cent. Annual net income rose 31 per cent to $133.7 billion, with diluted EPS climbing 32 per cent to $17.95.