In closing, this quarter was another example of the progress that we are making across this company, our execution continues to improve and we are making data-driven decisions to inform more investments of shorter-term as you have seen in our marketing and sales adjustments as well for the longer-term as we adjust our product portfolio. There are certainly short-term comparability challenges as we anniversary last year’s XP refresh cycle and see the impact of strengthening US dollar, but we are confident in the underlying health of our business, proud of the significant innovation we are funding within our prioritized operating budget and excited to continue gaining share in key strategic markets. Before I hand it back over to Chris I would like to announce that we will be webcasting a briefing for the investor community on April 29th in conjunction with our build developer conference in San Francisco. We will share more details as we get closer to the date. With that I turn it back over to Chris and we can move to Q&A.
Chris: Thanks Amy. With that we will now move to the Q&A. Operator can you please repeat your instructions?
Operator: Thank you. We will now be conducting a question and answer session. If you would like to ask a question please press *1 on your telephone keypad. A confirmation tone will indicate your line is in the question queue. Press *2 if you would like to remove your question from the queue. For participants using speaker equipment, it may be necessary to pick up your handset before pressing the star keys. One moment please as we poll for questions, thank you. Our first question comes from the line of Mark Moerdler of Bernstein. Please proceed with your question.
Mark: Thank you very much, I appreciate it. Amy can you give us a bit more details on what is driving the increase in cloud margins within the commercial office segment as well as any sense of how creative the cloud is becoming? Then I have a follow up question.
Amy: Sure, why don’t I talk a little bit about that from a math perspective and I’ll let Satya add from some of our engineering improvements which I think is important. Mark, as I talked a bit about, we’ve seen some mix shift as we have moved Office 365 and Azure to our premium service and to our premium queues within our cloud environment. That is one of the drivers that helps improve margin growth. In addition, we have done a lot of hard engineering work I believe over the past 6 quarters to be able to take advantage of more utilization and capacity over time and I’ll let Satya add a little bit technically.
Satya : Overall, the shift to the higher layer services on is the real driver here which is…obviously Office 365 and its various levels is one factor. The other one is what I talked about in the Enterprise Mobility Suite. That’s really got fantastic momentum in the marketplace because the solution has really come together and it’s fairly unique, as well as dynamic CRN. So these are all got a different profile in terms of margin and they’re all pretty high growth businesses for us so when you think about our cloud you’ve got to think about the low level infrastructure. Even there, we now have premium offerings and then we have higher level services so that aggregate portfolio is what helps us move up the margin curve.
Mark: One quick follow up. How should we think about monetization with Windows devices sub 9”?
Satya : One of the comments I had made in my remarks was some momentum we are seeing is in our consumer cloud services so for example the store modernization, Bing modernization, Xbox Live modernization as it is now going to span devices, are all things that drive modernization for bellow 9”. I think of device growth margin in some cases because we are building devices such as the phones, as well as post sale monetization using our consumer cloud services as the two additional levers that we have in order to be able to monetize Windows devices.
