We are enabling our customers to digitize not only their business processes but to bridge the physical and digital worlds with our investments in mixed-reality cloud. Windows OEM Pro revenue grew 10%, ahead of the commercial PC market, driven by healthy Windows 10 demand.

LinkedIn revenue increased $1.5 billion or 28%, driven by growth across each line of business. Xbox Live and our cloud gaming services face competition from various online marketplaces, including those operated by Amazon, Apple, and Google. Co-Chair and Trustee, Executive Vice President and President, Microsoft Of this total amount, USD

Productivity and Business Processes revenue increased, driven by LinkedIn and higher revenue from Office. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made. Windows faces competition from various software products and from alternative platforms and devices, mainly from Apple and Google. They also support new startups, improve educational and health outcomes, and empower human ingenuity. The standard will be adopted upon the effective date for us beginning July 1, 2020. And, just this month, we unveiled the new Surface Duo and Surface Neo to inspire new categories focused on productivity and creativity.

The Independent Software Vendor Royalty program enables partners to integrate Microsoft products into other applications and then license the unified business solution to their end users.

Adoption of the standard was applied using a modified retrospective approach through a cumulative-effect adjustment from accumulated other comprehensive income (“AOCI”) to retained earnings as of the effective date, and we elected to measure equity investments without readily determinable fair values at cost with adjustments for observable changes in price or impairments. I believe the next big technology breakthroughs will come not only from technology companies like Microsoft, but from retailers, healthcare providers, and manufacturers, working in partnership with us. The markets for software, devices, and cloud-based services are dynamic and highly competitive. Operating leases are included in operating lease right-of-use (“ROU”) assets, other current liabilities, and operating lease liabilities in our consolidated balance sheets. Companies are looking to use digital technology to fundamentally reimagine how they empower their employees, engage customers, optimize their operations, and change the very core of their products and services. Our Non-Financial Report is published since fiscal year 2017.

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