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  • https://mobiletony.com - Microsoft Financial Report for the Quarter to June 2021 - Revenue Exceeding Expectations

    Microsoft Financial Report for the Quarter to June 2021 - Revenue Exceeding Expectations
    17 Days, 20 Hours ago


    Tags:  Statistics  -  Financial-Report  -  Microsoft

    On Tuesday, July 27, 2021, Microsoft released its financial report for the quarter ending June 2021, the fourth quarter of fiscal year 2021. According to the report, Microsoft has earned $ 46.2 billion in the last quarter, which is a 21% increase compared to the company's revenue in the same period last year. The company's operating profit grew by 42% to 19.1 billion, of which $ 16.5 billion was net profit. Reduced earnings per share also reported a 49 percent increase to $ 2.17. Last year, Microsoft returned $ 10.4 billion in stock redemptions and dividends to the company's shareholders.

    https://mobiletony.com Microsoft Financial Report for the Quarter to June 2021 - Revenue Exceeding Expectations

    Microsoft CEO Satya Nadella, referring to Microsoft's innovations to help corporate businesses, emphasized that Microsoft's strong results show "Growth occurs when programs are well implemented and customer needs in large, growing markets are met in distinctive ways." Confirming his claims, Nadella pointed to the company's cloud business and new franchises in the field of gaming and security, as well as LinkedIn, and said that the total revenue of these sectors over the past three years has exceeded $ 10 billion.

    https://mobiletony.com Microsoft Financial Report for the Quarter to June 2021 - Revenue Exceeding Expectations Microsoft CEO Satya Nadella

    Microsoft earnings in the recent quarter It has been higher than Wall Street forecasts. According to Refinitiv, Microsoft's revenue for the quarter ending June 2021 was $ 2 billion higher than analysts had estimated. Analysts had forecast lower revenue for Microsoft due to the global chip shortage and the consequent decline in PC sales, but the company's brilliant performance in cloud services seems to have offset the decline in PC sales. Microsoft's stock rose 0.7 percent after Microsoft estimated that it would continue to grow rapidly in the Azure cloud business (after a quarter in which sales were up 51 percent).

    According to Refinitiv Eikon data (based on the final stock market price on Monday, July 26), after a 30% increase this year, the total value of Microsoft shares in the market has now reached about $ 2.2 trillion . In this way, Microsoft's price-to-earnings ratio/P/E is higher than the P/E ratios of large companies such as Apple and Google. Of course, some analysts believe that this valuation may have been exaggerated. According to Haring Anwar, senior analyst at Investing.com, since the beginning of the Corona epidemic, we have seen a jump in the value of Microsoft shares, and now the company's shares are trading at several times the price. After this powerful invasion, it is time for Microsoft stocks to breathe new life and stabilize, especially in the current situation where investors still do not know exactly what the market demand will be in the post-corona era.

    Here's a look at the performance of various divisions of Microsoft over the past season:

    Smart Cloud

    As usual, the Intelligent Cloud segment has generated the most revenue for Microsoft . Revenue for the quarter rose 30 percent year-on-year to $ 17.4 billion in the quarter ending June 2021. Thanks to a 51 percent increase in Azure cloud service revenue, revenue from Microsoft's server-related products and cloud services increased by 34 percent. Visible Alpha Institute data show that Azure cloud service revenue growth in the last quarter was even higher than analysts' forecast (based on a growth of 43.1%). It should be noted that, due to the limitations caused by Corona and businesses turning to telecommuting, the trend towards cloud services has increased and in addition to Microsoft, Amazon and Google cloud services have also benefited from this situation in some way.

    https://mobiletony.com Microsoft Financial Report for the Quarter to June 2021 - Revenue Exceeding Expectations Product Processes Back The cloud is the second-largest source of revenue for Microsoft with $ 14.7 billion - up 25 percent from the same period last year. According to a recent report, revenue for Office commercial products and related cloud services has grown by 20% over the past quarter. Major Microsoft attributes this success to the 25 percent increase in Office 365 revenue. According to Microsoft, revenue from Office-related consumer products and services grew by 18 percent, and now Microsoft 365 consumer subscribers have grown to 51.9 million subscribers. Also, thanks to a 97% increase in marketing strategies, Microsoft's revenue from the professional social network LinkedIn increased by 46%.

    https://mobiletony.com Microsoft Financial Report for the Quarter to June 2021 - Revenue Exceeding Expectations More Personal Computing 9% over the same period last year. The weakest aspects of Microsoft's performance in recent seasons should be found in this section; Where Windows OEM revenue fell 3%. Revenue from Xbox content and related services also fell 4 percent, according to PP Foresight analyst Paolo Pescatore. .

    https://mobiletony.com Microsoft Financial Report for the Quarter to June 2021 - Revenue Exceeding Expectations

    Surface Devices It also had a disappointing performance in the recent season, with revenue from sales of these products falling by 20%. Of course, the performance of other subdivisions active in the more personal computing sector was good enough to offset the decline in revenue. For example, revenue from Windows business products and related cloud services grew by 20 percent last season. Search-related advertising revenue (excluding traffic purchasing costs) also increased by 53%.





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