Microsoft has presented the results corresponding to the first quarter of your fiscal year 2022, and which stand out for a rise in their sales revenue of 22%, and that of Azure and other cloud services have increased by 50%. But overall, the company has had strong revenue in the reported period across all of its business lines except Surface.
The company has had a few net income in the quarter of 20,500 million dollars, up 48%, and earnings per share of $ 2.71. Its gross income in the three months reported was 43.970 million dollars, 22% more. Those of Microsoft Cloud have been of 20,700 million dollars, 36% more than those obtained a year ago.
By divisions, revenues from Productivity and business processes have reached 15,000 million, with growth of Office 365 for companies of 23%. Meanwhile, those on LinkedIn are up 42%, and those on Dynamics 365 48%. Meanwhile, Windows OEMs are up 10%. Revenue for Office consumer products and their cloud services is up 10%, and Microsoft 365 consumer users are up 19% to 54.1 million. As for Office 365 for companies, they have improved 23% in one year. Licensed Office licenses are down 13% year-on-year, thanks to the progressive shift to cloud services.
The Smart Cloud has had revenues of $ 17 billion, 31% more than during the first quarter of the company’s 2021 fiscal year. Those of the division of More personal computing have been of 13,300 million dollars, 12% more.
Another highlight of Microsoft’s results has been the growth of advertising revenues in search engines and in the news, which, excluding traffic acquisition costs, have improved by 40%. Additionally, LinkedIn Marketing Solutions improved 61% year-on-year. The Surface has not done so well, as its revenue is down 17%. And it does not seem that their sales will improve in the quarter in which we are, something that the Redmond already have assumed.
Regarding the areas related to games, they have increased their revenues by 16% to almost 3.6 billion dollars, and with a record quarter for Xbox. Of course, those corresponding to its services and its contents have only risen 2%.
Satya Nadella, CEO of Microsoft, has stated that «digital technology is a deflationary force in an inflationary economy. Businesses, large and small, can improve productivity and make their products and services affordable by developing technology intensity. Microsoft Cloud offers the end-to-end platforms and tools that organizations need to move through this stage of transition and change«.
For its part, Amy Hood, Vice President and CFO, Microsoft, stressed that the company has had «a strong start to the fiscal year, with Microsoft Cloud generating $ 20.7 billion in revenue during the quarter, an increase of 36% YoY«.