2021 Annual Petri Reader Survey - We want to know what's important to you! 2021 Annual Petri Reader Survey - We want to know what's important to you!
Main

Microsoft's Revenue Climbs up Into the Cloud

Microsoft has released its Q2, FY Q4 earnings today with 33.7 billion in revenue, Net Income of $13.2 billion, and an Operating Income of $12.4 billion. These figures bested last years results by 12%, 49%, and 20% respectively.

For the quarter, commercial cloud represented $11 billion of the company’s revenue which was their strongest quarter ever for this segment; this represents growth of 39% year-over-year. The company noted that its Intelligent Cloud segment, revenue grew 19% but we still don’t have a direct comparison for Azure to AWS; Microsoft continues to hide its raw cloud revenue under various umbrellas.

Other notable figures include Office Consumer products and cloud services revenue increased 6% and Office 365 Consumer subscribers increased to 34.8 million. And for the commercial Office 365 seats, Microsoft said the volume grew 23%.

LinkedIn revenue also continues to grow at a healthy rate during the quarter, it climbed 25% year-over-year.

In the More Personal Computing segment, total revenue was up 6% with Surface Revenue of $1.3 billion, gaming revenue of $2.053 billion, and Windows OEM Pro revenue grew at 18%, outpacing the PC market. The non-Pro revenue dropped 8% with Microsoft citing that they continue to struggle in the low-end segment of the market.

The company’s gaming division did not fare as well for the quarter with revenue down 8%: hardware sales dropped 48% and software and services declined 3%. But, the company’s Xbox Live monthly active users did pop up to 65 million, a growth of 14%.

Overall, it was a strong quarter for Microsoft and their earnings growth has pushed their stock higher. At the time of this post, it’s up about 1.5% and is closing in on its all-time high of 139.54

Related Topics:

BECOME A PETRI MEMBER:

Don't have a login but want to join the conversation? Sign up for a Petri Account

Register
Comments (0)

Leave a Reply

Brad Sams has more than a decade of writing and publishing experience under his belt including helping to establish new and seasoned publications From breaking news about upcoming Microsoft products to telling the story of how a billion dollar brand was birthed in his book, Beneath a Surface, Brad is a well-rounded journalist who has established himself as a trusted name in the industry.

Register for the Hybrid Identity Protection (HIP) Europe Conference!

Hybrid Identity Protection (HIP) Europe 2021 - Virtual Conference

Mobile workforces, cloud applications, and digitalization are changing every aspect of the modern enterprise. And with radical transformation come new business risks. Hybrid Identity Protection (HIP) is the premier educational forum for identity-centric practitioners. At the inaugural HIP Europe, join your local IAM experts and Microsoft MVPs to learn all the latest from the Hybrid Identity world.