academic. As of June 30, 2015, the total notional amounts of fixed-interest rate contracts purchased and sold were.0 billion and.2 billion, respectively. Highlights from fiscal year 2015 included: Momentum continued to grow in our Commercial Cloud and productivity offerings as we surpassed an 8 billion annualized run rate* at the end of the year. District Courts, in the ITC, and in Germany. Azure revenue and compute usage increased by triple digits in the fourth quarter year over year, and we ended fiscal year 2015 with more than 17,000 Enterprise Mobility Services customers. Surface is designed to help organizations, students, and consumers to be more productive. General and administrative expenses are primarily allocated based on relative gross margin. Value-AT-risk We use a value-at-risk (VaR) model to estimate and quantify our market risks.
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Project management is the practice of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals and meet specific success criteria at the specified time. A project is a temporary endeavor designed to produce a unique product, service or result with a defined beginning and end (usually time-constrained, and often constrained by funding or staffing. Morgan Stanley trades all fixed-income assets with embedded credit in a variety of areas, from municipal securities, to investment-grade and high-yield bond and credit derivatives trading.
Customer Licensing Programs Online Services Only Microsoft Online Subscription Agreement is designed to enable small and medium-sized businesses to easily purchase Microsoft Online Services. Board Committees Audit Committee Compensation Committee Governance and Nominating Committee Regulatory and Public Policy Committee Executive Officers Satya Nadella Chief Executive Officer Christopher. During fiscal year 2015, we repurchased 295 million shares of Microsoft common stock for.2 billion under the share repurchase program approved by our Board of Directors on September 16, 2013. These programs include direct sales, direct sales supported by a large network of partner advisors, and resale of services through operator channels, such pnb forex card charges as telephone, cell, and cable providers. Our responsibility is to express an opinion on these financial statements based on our audits. Level 2 inputs are based upon"d prices for similar instruments in active markets,"d prices for identical or similar instruments in markets that are not active, and model-based valuation techniques (e.g. Skype is designed to connect friends, family, clients, and colleagues through a variety of devices. Gaap relate to revenue recognition, income statement classification, and depreciation. Thompson 3,4 Independent Chairman, Microsoft Corporation; Chief Executive Officer, Virtual Instruments, Inc.