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Microsoft Fortunes Boosted by Increased Demand for Cloud Services

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Shares of Microsoft rose in after-hours trading on Thursday, following the release of a fiscal second-quarter earnings report that exceeded analysts’ expectations. Microsoft earned an adjusted $0.78 per share on adjusted revenue of $25.7 billion, according to a report by TMFMattera‎.

Analysts had expected Microsoft to earn just $0.71 on revenue of $25.26 billion.

Although demand for Windows remains weak, its cloud services continue to grow rapidly. Let’s take a closer look at Microsoft’s report.

Commercial cloud-annualized revenue run rate eclipses $9.4 billion.

Arguably, the single most-important metricfor Microsoft investors to consider is the annualized revenue run rate of its commercial cloud services.

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Microsoft is in the midst of a transition, and is slowly shifting its business away from traditional software, and toward cloud services.

Microsoft Azure, Dynamics CRM, and Office 365 generate the bulk of its commercial cloud business.

The annualized revenue run rate of these services is a hypothetical figure — it indicates how much revenue Microsoft could generate from these services over the course of a year if demand remained stable — but it provides the best insight into the pace of Microsoft’s transformation.

In the December quarter, it exceeded $9.4 billion, up from $8.2 billion the quarter before. Microsoft’s management hopes to hit $20 billion by its fiscal year 2018, six quarters from now.

In particular, Microsoft’s commercial cloud benefited from growing Azure demand.

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Azure revenue rose 140% on a constant-currency basis; revenue from premium Azure services rose more than 300%.

Revenue from commercial Office 365 subscriptions grew nearly 70% on a constant-currency basis, while Dynamics CRM saw its seat adds more than double on an annual basis.

Demand for Windows continues to contract
Windows remains a soft spot for Microsoft. Microsoft’s More Personal Computing segment — which is largely composed of Windows-related revenue — saw its revenue fall 2% on an annual basis in constant currency.

Windows OEM Pro revenue fell 6%, while non-Pro revenue fell 3%. In total, Windows OEM revenue fell 5% in constant currency.

That was better than the broader PC market — last quarter, worldwide PC shipments fell 8.3% on an annual basis. Microsoft cited increased demand for midrange and high-end consumer PCs.

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A growing number of consumers are also subscribing to Office 365: Office 365 consumer subscriptions rose to 20.6 million, up from 18.2 million in the prior quarter.

There are now more than 200 million devices running Windows 10.

Surface, Xbox Live, and Search
Other less-important, yet still-interesting, aspects of Microsoft’s business include Xbox, Bing, and its Surface hardware.

All three performed fairly well in the December quarter.

Microsoft no longer reports the exact number of Xbox consoles it sells, instead preferring to characterize its Xbox business through the number of active users it has on its Xbox Live gaming network.

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Although Xbox hardware revenue declined, the number of Xbox Live users increased a massive 30% on an annual basis, rising to 48 million.

Microsoft’s search business saw its revenue, excluding traffic acquisition costs, rise 21% on a constant-currency basis.

Microsoft’s latest operating system Windows 10 includes deep integration with its search engine Bing, and the growing number of Windows 10 users appears to be aiding Microsoft’s search business.

During the month of December, almost 30% of Microsoft’s search revenue came from Windows 10 devices.

Surface remains a minor portion of Microsoft’s business overall, but it continues to experience growth.

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Aided by the launch of the Surface Pro 4 and the Surface Book, Surface revenue rose to $1.35 billion, up more than 22% from the same quarter last year.

Overall, Microsoft’s fiscal second quarter was strong, and the rally appears justified.

The next billion-dollar iSecret ‎
The world’s biggest tech company forgot to show you something at its recent event, but a few Wall Street analysts and the Fool didn’t miss a beat: There’s a small company that’s powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited.

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NDPC Directs DCPMIs to Register with Agency or Face Legal Consequences

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Nigeria Data Protection Commission (NDPC) has directed all Data Controllers and Data Processors of Major Importance (DCPMIs), yet to register with the commission to do so immediately.

NDPC Directs DCPMIs to Register with Agency or Face Legal Consequences

This followed a Federal High Court judgment affirming NDPC statutory powers to designate and register such entities.

DCPMIs are entities operating in Nigeria that handle sensitive personal data or large volumes of information, requiring mandatory registration with the NDPC under the Nigeria Data Protection Act (NDPA).

In a statement issued on Tuesday by Babatunde Bamigboye, head of Legal, Enforcement and Regulations at the NDPC,  described the judgment as a major milestone for data accountability and regulatory oversight in Nigeria.

The commission said the ruling arose from a suit filed by Emmanuel Harunna against the NDPC in Emmanuel Harunna v. NDPC (FHC/L/CS/1116/2024), in which the applicant sought a declaration that Point of Sale agents were not Data Controllers or Processors of Major Importance under the Nigeria Data Protection Act and requested a perpetual injunction restraining the commission from registering them.

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According to the statement, Justice F.N. Ogazi examined the commission’s Guidance Notice on Registration alongside Sections 5(d), 6(c), 44, 45 and 65 of the Nigeria Data Protection Act before concluding that the commission acted within its statutory powers in designating entities under the Major Data Processing – Ordinary High Level category as Data Controllers and Processors of Major Importance.

Quoting the judgment, the statement read, “The Nigeria Data Protection Act was enacted to promote accountability, transparency and responsible data governance. Registration enables the Respondent to identify entities engaged in significant data processing activities, monitor compliance.”

It added that the court held that, “Far from undermining the constitutional right to privacy, the registration framework is one of the statutory mechanisms designed to safeguard that very right by subjecting data controllers and data processors to effective regulatory oversight.”

The statement further quoted the court as saying, “Looking at the recitals of the Guidance Notice, there is every indication that the Guidance Notice is also aimed at protecting the privacy and security of data subjects, thus bringing the registration requirement of the Guidance Notice within the protective shield of Section 45 of the 1999 Constitution.”

According to the commission, the court also held that, “Remarkably, Section 63 of the Data Protection Act provides that the provisions of the Act shall prevail over any other law inconsistent with its provisions on matters relating to the processing of personal data.”

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Reacting to the judgment, the commission described the decision as a significant boost to Nigeria’s data protection regime.

“The Commission appreciates the ground-breaking efforts of the court towards the advancement of the jurisprudence relating to data accountability in Nigeria, as eloquently demonstrated in this case,” the statement read.

Following the ruling, Vincent Olatunji, national commissioner and chief executive officer, had directed every Data Controller and Processor of Major Importance that had yet to comply with the registration requirement to register without delay.

The commission warned that entities failing to comply with the registration requirement could face legal consequences.

“Failure to register creates serious legal liabilities under the law, while compliance with registration requirements builds public trust and safeguards the fundamental rights and freedoms of data subjects in Nigeria,” the statement added.

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UNN to Partner Firm on AI, Smart Mobility Innovation Centre

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The University of Nigeria (UNN) is set to partner with The Roxettes Group to establish a research and innovation centre focused on artificial intelligence (AI), smart and green mobility, and digital technologies, in a move aimed at strengthening research, entrepreneurship and technology-driven industrial development.

Chairman of The Roxettes Group, Arc. Dr. Kaycee Orji-Kelechi, announced the proposed partnership while delivering his acceptance speech after receiving an Honorary Doctor of Business Administration (Honoris Causa) during the university’s convocation ceremony.

The proposed facility, to be known as the Dr. Kaycee Orji Centre for Artificial Intelligence, Smart/Green Mobility and Digital Innovation, is expected to provide a platform for research, innovation and collaboration between academia and industry, with a focus on developing commercially viable solutions to local and continental challenges.

Orji-Kelechi said the initiative was conceived as a long-term investment in human capital and technological advancement rather than simply another physical infrastructure project.

He said the vision was to position the University of Nigeria among Africa’s leading institutions in artificial intelligence, smart mobility and digital innovation through research, entrepreneurship and technology development.

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According to him, the centre will house five specialised laboratories covering artificial intelligence and machine learning, smart and green mobility, robotics and the Internet of Things (IoT), digital finance and financial technology, as well as cloud computing and advanced data centre technologies.

He also announced plans for the proposed Kaycee Orji Founders Innovation Challenge, an annual programme intended to identify, mentor and support innovative ideas from students, researchers and academic staff with the potential to become scalable businesses.

“Every student of this University should know that a great idea conceived in a classroom should have a pathway to becoming a patent, a startup, a global enterprise, and a solution that transforms society,” he said.

Orji-Kelechi disclosed that preliminary conceptual work on the project had commenced, with architectural and engineering designs being prepared by K.KH Contractors Ltd., a subsidiary of The Roxettes Group.

He added that discussions with the university would begin on identifying a suitable site for the project, while a comprehensive proposal containing architectural drawings, engineering designs and an implementation framework would be submitted after completion of the design phase.

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Reflecting on his career, Orji-Kelechi said Africa must move beyond consuming innovation to creating it through investment in manufacturing, technology and entrepreneurship.

“We have pursued one simple vision: that Nigeria and Africa must move from consumption to production; from importing innovation to creating it; and from waiting for opportunities to building them,” he said.

He urged graduating students to see their education as a foundation for solving societal challenges through innovation, leadership and enterprise, adding that he remained committed to promoting industrial development, youth empowerment and sustainable economic growth.

The proposed collaboration forms part of broader efforts to strengthen university-industry partnerships, which are increasingly seen as critical to improving research commercialisation, innovation capacity and technology-led economic development in Nigeria.

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NPC Opens 131 Births, Deaths Registration Centres in Anambra

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National Population Commission (NPC) has announced commencement of full digital registration of births and deaths through the VitalReg platform, which became operational nationwide on July 1, 2026.

NPC Opens 131 Births, Deaths Registration Centres in Anambra

Chidi Ezeoke, federal commissioner representing Anambra, disclosed this in Awka during a press conference to announce commencement of full digital birth and death registration under the Electronic Civil Registration and Vital Statistics (E-CRVS) system and the marking of World Population Day commemorated every July 11.

He revealed that a total of 131 registration centres had been opened in the 21 local government headquarters and several communities in the state, adding that more centres would be opened later.

Ezeoke described the initiative as a major milestone in Nigeria’s Civil Registration and Vital Statistics (CRVS) system, to ensure every birth and death in the country was captured through a digitally enabled registration platform.

“It builds on the launch of the E-CRVS system and the inauguration of the National Coordination Committee on Civil Registration and Vital Statistics by President Bola Tinubu on Nov. 8, 2023.

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“A total of 4,011 functional registration centres has been established across the 774 LGAs of the federation and the commission iswas working to expand the number to about 8,000.

“In Anambra, 131 registration centres have been opened in the 21 local government headquarters and several communities. More centres had been proposed for the state,” he said.

According to the Commissioner, the VitalReg platform would provide faster registration services, 24-hour online access, digital certificate issuance where applicable, reduced paperwork and waiting time, improved data validation and a more secure national CRVS database.

While noting that the platform would serve as a foundational database to support other national data systems and strengthen interoperability across Nigeria’s digital identity ecosystem, Ezeoke urged Nigerians and other stakeholders to support the initiative by ensuring prompt registration of all births and deaths.

Speaking on the 2026 World Population Day themed, “Realising the Hopes and Aspirations of Young People – Today and for the Future”, the Commissioner called for greater investment in education, healthcare, skills development, decent employment opportunities and youth participation in governance for sustainable national development.

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Earlier, Mr Obiakonwa Okagwu, state director, NPC, said the occasion served as a reminder of great opportunities provided to harness young people’s capabilities, which he said would shape the future of the country when adequately harnessed.

He called on residents to take registration of births and deaths as national responsibility, just as he urged the media to take the message on civil registration to all parts of the State.

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