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=== Financial Performance: A Year of Growth === Microsoft’s 2019 financial results underscored its dominance in the tech sector. Revenue increased by 14% to $125.8 billion, while profit rose by 19% to $39.2 billion.<ref>{{cite web |url=https://www.microsoft.com/investor/reports/ar19/index.html |quote=Microsoft's revenue increased by $15.5 billion or 14% in 2019. }}</ref> This growth was driven by operational efficiency, as reflected in its non-GAAP operating income and EPS metrics. The company’s market capitalisation stood at $769.6 billion, a testament to its strong competitive positioning.<ref>{{cite web |url=https://www.sec.gov/Archives/edgar/data/789019/000156459019027952/msft-10k_20190630.htm |quote=Microsoft's market capitalization was $769.6 billion in 2019. }}</ref> Each of Microsoft’s core segments delivered significant contributions: * '''Productivity and Business Processes''': Grew by 13%, fuelled by the widespread adoption of Office 365 and LinkedIn.<ref>{{cite web |url=https://www.microsoft.com/en-us/investor/segment-information |quote=Microsoft's Productivity and Business Processes segment includes communication services like Microsoft Teams. }}</ref> * '''Intelligent Cloud''': Surged by 21%, largely due to the rapid expansion of Azure.<ref>{{cite web |url=https://www.microsoft.com/en-us/microsoft-365/blog/wp-content/uploads/sites/2/2019/04/Total-Economic-Impact-Microsoft-Teams.pdf |quote=Microsoft Teams' impact is highlighted in the Total Economic Impact™ study, emphasizing its role in collaboration and remote work. }}</ref> * '''More Personal Computing''': Increased by 8%, supported by strong Windows and gaming revenues. Microsoft Teams emerged as a pivotal tool, enhancing collaboration and remote work, and solidifying Microsoft’s leadership in productivity software.<ref>{{cite web |url=https://www.microsoft.com/en-us/microsoft-365/blog/wp-content/uploads/sites/2/2019/04/Total-Economic-Impact-Microsoft-Teams.pdf |quote=Microsoft Teams' impact is highlighted in the Total Economic Impact™ study, emphasizing its role in collaboration and remote work. }}</ref>
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