Microsoft closes quarterly with 13% more revenue and Xbox division grows 65%

Microsoft has presented the financial results for the fourth financial quarter, which ended last June 30, 2020 with some an overall turnover of $ 38,000 million that he had assumed one better than 13% compared to the same period last year. “The last five months have made it clear that technological innovation is the key to corporate recovery. Organizations building their own digital capabilities will recover faster and stronger from this crisis,” said Satya Nadella, Microsoft’s CEO.

The most striking of the economic results

If we go to the summary of the report, where the results of the various events of the company are explained, we can highlight the following;

Revenue from productivity and commercial processes was $ 11.8 billion, up 6%;

  • Office for companies and cloud services increased by 5% driven by a 19% increase in retail sales from Office 365
  • Office for consumers and cloud services increased by 6% and subscribers a Office 365 increased to DKK 42.7 million
  • The income per LinkedIn increased by 10%
  • Dynamics and cloud services increased by 13% driven by 38% growth in Dynamics 365

Intelligent cloud leads to $ 13.4 billion increasing by 17%

  • Server products and services in the cloud increased by 19% thanks to an increase of 47% in Azure
  • Enterprise Services there are no significant changes

More Personal Computing resulting in $ 12.9 million, an increase of 14% with the following commercial aspects:

  • Windows OEM 7% better
  • Commercial Windows products and services in the cloud rose 9%
  • The Xbox department has 65% better content and services
  • Surface improved by 28%
  • Search advertising, excl. traffic acquisition costs, decreased by 18%.

Operating expenses were $ 12.3 billion and increased by 13%, including a $ 450 million fee for closing Microsoft’s physical store premises.

Summary; Microsoft is spending $ 8.9 billion on shareholders in the form of stock purchases and dividends in the fourth quarter of the financial year 2020, an increase of 16% compared to the fourth quarter of the financial year 2019.

“Our business cloud exceeded $ 50 million in annual revenue for the first time this year. And this quarter, our retail reserves were better than expected, growing 12% year-over-year,” said Amy Hood, Microsoft’s executive vice president and chief financial officer. To the extent that we drive growth throughout the company, we maintain our commitment to invest in strategic opportunities across a wide range. “

[amazon box=»B07QM6VCK3,B07XB4W1L9,B07VKT4V4S» grid=»3″]

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *