Microsoft’s business continues to thrive thanks to its leadership in cloud computing and productivity applications. In his Earnings report in Q4 today, the company reported revenue growth of 21 percent over last year, reaching $ 46.2 billion. But what’s even more impressive, its profit jumped 47 percent to $ 16.5 billion. Microsoft’s success has practically broken the record so far – the last quarter a 44 percent increase in profits, and before that it increased by 33 percent – but it still works beat the expectations of Wall Street analysts.
The key to Microsoft’s growth is the same as the past few years. Intelligent cloud business is seemingly unstoppable, up 30 percent from last year. It continues to record a lot of growth with Office, LinkedIn and other business applications, which together increased revenue by 25 percent. Even the Personal Computer group, which includes Windows and Xbox, saw a 9 percent improvement in business. (That category saw several declines this quarter: surface business fell 20 percent, and Xbox content and services fell 4 percent.)
Microsoft’s earnings in Q4 don’t really tell us anything new, as the company’s entire fiscal year has been strong. The company reported an overall 18 percent increase in revenue for 2021 ($ 168.1 billion), as well as a 38 percent jump in profit for the year ($ 61.3 billion). A previous Microsoft earnings report proved it had earned well during the pandemic, but now those gains don’t seem to stop any time soon.
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