A material adverse impact on our consolidated financial statements could occur for the period in which the effect of an unfavorable final outcome becomes probable and reasonably estimable. Yammer was consolidated into our results of operations starting on the acquisition date. As one of the largest providers of cloud computing at scale, we are well-positioned to help businesses move to the cloud so that businesses can focus on innovation while leaving non-differentiating activities to reliable and cost-effective providers like Microsoft. These corporate notes are due October 31, 2023 and are measured at fair value on a nonrecurring basis. Our phones are also distributed through global wireless communications carriers. The mobile-first, cloud-first world is transforming the way individuals and organizations use and interact with technology.
It is uncertain whether our strategies will attract the users or generate the revenue required to succeed. Revenue from cloud-based services arrangements that allow for the use of a hosted software product or service over a contractually determined period of time without taking possession of software are accounted for as subscriptions with billings recorded as unearned revenue and recognized as revenue ratably over the coverage period beginning on the date the service is made available to customers. As we increasingly deliver online services, we sell many of these cloud-based services through our enterprise agreements and have also enabled new sales programs to reach small and medium-sized businesses. The remaining obligations may limit our ability to innovate in Windows or other products in the future, diminish the developer appeal of the Windows platform, and increase our product development costs. Windows Telnet Service Buffer Overflow Vulnerability 2- Exploitation Less Likely 2- Exploitation Less Likely Permanent This is a remote code execution vulnerability.
Denial of Service May require restart Microsoft Windows Vulnerability in Windows Kernel-Mode Driver Could Allow Elevation of Privilege 3019215 This security update resolves one privately reported vulnerability in Microsoft Windows. Our products include operating systems for computing devices, servers, phones, and other intelligent devices; server applications for distributed computing environments; cross-device productivity applications; business solution applications; desktop and server management tools; software development tools; video games; and online advertising. In fiscal year 2015, this reduction was mostly offset by losses in foreign jurisdictions for which we may not realize a tax benefit, primarily as a result of impairment and restructuring charges. Advertising revenue funds development of products and services these competitors provide to users at no or little cost, competing directly with our revenue-generating products. If we are not effective in executing organizational and technical changes to increase efficiency and accelerate innovation, or if we fail to generate sufficient usage of our new products and services, we may not grow revenue in line with the infrastructure and development investments described above.
Securities lending We lend certain fixed-income and equity securities to increase investment returns. Andi Hi Andi, You are correct. The offering that conveys rights to future versions of certain software products over the contract period is called software assurance. We develop and market software, services, and devices that deliver new opportunities, greater convenience, and enhanced value to peoples lives. Besides money damages, in some jurisdictions plaintiffs can seek injunctive relief that may limit or prevent importing, marketing, and selling our products or services that have infringing technologies. Investments with maturities beyond one year may be classified as short-term based on their highly liquid nature and because such marketable securities represent the investment of cash that is available for current operations. Large accelerated filer x Accelerated filer ¨ Non-accelerated filer ¨ Do not check if a smaller reporting company Smaller reporting company ¨ Indicate by check mark whether the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.
In hardware, we released Surface 3 and expanded distribution of Surface Pro and the related gross margin percentage grew with increased revenue, and introduced new categories like HoloLens all with an eye toward generating new growth in Windows more broadly. We also license standalone and software development lifecycle tools for software architects, developers, testers, and project managers. The accounting for changes in the fair value of a derivative depends on the intended use of the derivative and the resulting designation. Our success depends on our ability to attract new users, understand intent, and match intent with relevant content and advertiser offerings. Disclosure of personal data could cause liability and harm our reputation. Assets and liabilities measured at fair value on a recurring basis using unobservable inputs are an immaterial portion of our portfolio. Providing our customers with more services and solutions in the cloud puts a premium on the resilience of our systems and strength of our business continuity management plans, and magnifies the potential impact of prolonged service outages on our operating results.
No gain or loss was recorded upon termination of this agreement, as it was determined to be at market value. This determination requires significant judgment. These forward-looking statements generally are identified by the words believe, project, expect, anticipate, estimate, intend, strategy, future, opportunity, plan, may, should, will, would, will be, will continue, will likely result, and similar expressions. We employ a systematic methodology on a quarterly basis that considers available quantitative and qualitative evidence in evaluating potential impairment of our investments. All differences between our internal management reporting basis and accounting principles generally accepted in the United States U.
Capossela has held a variety of marketing leadership roles in the Microsoft Office Division. We offer an array of services, including cloud-based services, to consumers and businesses. We report the financial performance of the acquired business in our Phone Hardware segment. With more than 25 super-duper-expert-speakers bringing you the best technical content and examples in 4 Tracks of sessions, it is the event for everyone who wants to know how to use the new Web platforms, standards and tools to bring awesome creations to life — and be. Our vertically-integrated hardware products such as Xbox consoles, Surface devices, phones, and other devices we design, manufacture, and market are highly complex and can have defects in design, manufacture, or associated software.
He served as Executive Vice President, Cloud and Enterprise beginning July 2013. Our business depends on our ability to attract and retain talented employees. We are subject to a variety of ongoing commitments because of court or administrative orders, consent decrees, or other voluntary actions we have taken. See Note 9 Business Combination for additional details. Revenue Recognition Revenue recognition for multiple-element arrangements requires judgment to determine if multiple elements exist, whether elements can be accounted for as separate units of accounting, and if so, the fair value for each of the elements.