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Microsoft Tops Estimates; Azure Growth Trend Spooks Inv...

Sales in the fourth quarter, which ended June 30, climbed 21% to $46.2 billion, the Redmond, Washington-based company said Tuesday in a statement. That compared with the $44.3 billion average estimate of analysts polled by Bloomberg. Net income rose to $16.5 billion, or $2.17 a share, while analysts had predicted $1.92. Microsoft’s market value now tops $2 trillion, and the high-flying shares have led investors to expect results to outdistance projections by a wide margin. After years of inv...
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Microsoft made $167m a day in profit, every day, over the past 12 months

Copy Microsofts $46.2bn in revenue for its fourth quarter of 2021, and profits rising 47 per cent to $16.5bn, shows the continued strength in its cloud business, investors were told on Tuesday. Analysts on average anticipated results more along the lines of $44.1bn, though company stock nonetheless slipped in after-hours trading, possibly due to declines in revenue from Windows hardware makers or perhaps just that the market is just down at the moment. In a statement, Microsoft CEO Satya Nadell...
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Microsoft Weekly: More money for PC game devs, an update fix, and a very strong quarter

May 2, 2021 08:42 EDT with 0 comments The last seven days saw the arrival of a rather impressive Q3 FY21 earnings report, the implementation of a bigger cut for PC game devs, and even a fix for the update that caused all sorts of gaming performance issues. You can find info about that, as well as much more below, in your Microsoft digest for the week of April 25 – May 1. More money for PC game devs We should open with what is perhaps the bigger news of the week –...
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Source: neowin.net

Gamasutra - Xbox hardware revenue up 232% after first full quarter of Xbox Series X

Xbox hardware revenue up 232% after first full quarter of Xbox Series X|S sales ); } Microsoft has closed out the third quarter of its 2021 financial year, offering a somewhat vague look at how its next generation of video game hardware is faring the wild. Overall, Microsoft closed out the quarter ending March 31, 2021 with $41.7 billion in revenue, up 19 percent year-over-year, and operating income of $17 billion, up 19 percent. The company isnt in the habit of releasing strai...
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Microsoft Surface FY21 Q3 revenue is up 12% from last year with a solid $1.5B in rev

Microsoft has had yet another excellent quarter. Demand for Surface hardware drove a 12% increase compared to last year bringing in $1.5 billion in revenue. The entire More Personal Computing division is also up 19% year-over-year due to strong demand, especially in gaming.
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Microsoft sales jump on cloud, shares slip on lofty forecasts

The Straits Times Microsofts market capitalisation flirted with US$2 trillion the past few days as shares soared.PHOTO: REUTERS Published2 hours ago https://str.sg/JFuG They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $...
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