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Microsoft Revenue Up 22% in the Third Quarter Led by Intelligent Cloud Services

Youssef GhazalyBy Youssef GhazalyOctober 30, 2021No Comments1 Min Read

Microsoft’s latest earnings report revealed $45.3 billion in revenue for the first quarter of fiscal year 22, which runs from July 1 to September 30.

This number represents a 22% jump over last year’s performance and is accompanied by a 27% rise in operating income totaling nearly $20 billion.

Microsoft’s Intelligent Cloud segment generated $17 billion in revenue, followed by Productive Operations and Business with revenue of $15 billion.

Server and cloud products saw a 35% increase in revenue while Azure grew an impressive 50%.

Revenue from Windows sales to OEMs alone saw an increase of 10%, while revenue for Surface products declined 17%, continuing the trend seen in previous earnings reports.

Microsoft Office Commercial and cloud services products saw an 18% increase in revenue with Office 365 alone experiencing 23% growth.

Microsoft paid about $10.9 billion to shareholders in stock buybacks and dividends, which represented a 14% year-over-year increase.

Source

Youssef Ghazaly
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Youssef Ghazaly is a talented individual from Egypt, specifically from Ismailia. He is known for his expertise as a director of websites on the Internet and serves as the manager of the mhma12.tech website, which specializes in handling technical issues. Youssef Ghazaly's passion for technology and his skills in website management have allowed him to excel in his field. Through his work, he has gained valuable experience in navigating the intricacies of the online world and resolving various technical challenges. Youssef Ghazaly's dedication to his profession and commitment to delivering high-quality services make him a valuable asset in the realm of website management and technical problem-solving.

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