• Microsoft Q1 FY21 Earnings: Gaming revenue up 22%!

    1 month ago - By WMPoweruser

    Gaming is one of those industries which benefit from the forced inaction due to lockdown and the COVID-19 pandemic. This was clearly reflected in Microsoft's Xbox revenue, with overall gaming revenue up 22%. This was driveby by a 30% YoY in Xbox content and services revenue due to strength from 3rd party titles, Xbox Game...
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  • Microsoft Q1 FY21: Bing Search Business revenue down 10%

    1 month ago - By WMPoweruser

    Last quarter Bing earnings saw a massive contraction due to the COVID-19 pandemic. Given that in the USA this never really abated, as can be expected, this continued with Search revenue down 10% YoY. Search Revenue was negatively impacted by reductions in advertising spend due to the ongoing pandemic-related economic crisis. With the crisis still...
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  • Microsoft is still a relentless money-making machine

    1 month ago - By Engadget

    As usual, Microsoft's latest earnings report for Q1 2021 paints a rosy picture. The company reported earnings of $37.2 billion, up 12 percent from last year, with a net profit of $13.9 billion, an impressive 30 percent jump. The big takeaway: The pan...
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  • Microsoft's Q1 FY21 earnings: Windows consumer revenue up massive 31%

    1 month ago - By WMPoweruser

    PC sales have hit record growth last seen in 2012, but surprisingly Windows OEM revenue was actually down year on year by 5%. Windows OEM revenue declined 5%, with sales of Pro licenses down a massive 22%, saves in part by a 31% increase in non-Pro revenue, likely still driven by the Work from Home...
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  • FireEye Q3 results beat expectations, raises year view, shares jump 6%

    1 month ago - By ZDnet

    The security technology vendor hit a new high for recurring revenue, and highlighted a partnership with Microsoft.
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  • Microsoft's commercial cloud continues to hum with Azure sales up 48% in Q1

    1 month ago - By ZDnet

    Commercial cloud revenue for Microsoft is now approaching a $61 billion annual revenue run rate.
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  • Microsoft Q1 earnings top expectations with big cloud, Surface, Xbox growth

    Microsoft Q1 earnings top expectations with big cloud, Surface, Xbox growth

    1 month ago - By Windows Central

    Microsoft kicked off the first quarter of its 2021 fiscal year with a bang.
    What you need to know
    Microsoft released its Q1 earnings for its 2021 fiscal year today.
    The company reported $37.2 billion in revenue on earnings of.
    That's up 12 percent over the same period last year.
    The growth was largely driven by big increases in the cloud, along with surges in Surface and Xbox services.
    Microsoft reported its earnings for the first quarter of its 2021 fiscal year , revealing $37.2 billion in revenue. That's up 12 percent from the same period a year ago. It also beats Wall Street...
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  • Microsoft Q1 FY21 Earnings: Azure cloud services revenue grew 48%

    1 month ago - By WMPoweruser

    Microsoft today announced FY21 Q1 earnings results. Microsoft's revenue in the last quarter was $37.2 billion and the operating income was $15.9 billion. Revenue in Intelligent Cloud business segment was $13 billion and it increased 20% when compared to last year. Azure cloud services revenue grew 48%, primarily driven by growth in consumption services. Microsoft...
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  • Microsoft Q1 FY21 Earnings: Surface revenue up 37%

    1 month ago - By WMPoweruser

    Microsoft today reported its Q1 FY21 earnings results with operating profits up a massive 25% Surface Revenue was part of this push, with sales up 37% This means Surface sales increased from $1.136 billion to $1.553 billion Year on Year. Microsoft says a big reason for the boost was new devices being...
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  • Microsoft Q1 FY21: Office, LinkedIn and Dynamics revenue continue to grow

    1 month ago - By WMPoweruser

    Microsoft released its FY21 Q1 results today, recording $37.2 billion in revenue, increased 12%. Microsoft reported that Office, LinkedIn and Dynamics revenue grew in the last quarter despite the COVID-19 situation around the world. Office Commercial products and cloud services revenue increased 9%, thanks to Office 365 Commercial growth. Even in the consumer space, Office...
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  • Microsoft stock flat despite better-than-expected earnings, strong Azure growth

    1 month ago - By TechCrunch

    Today after the bell, Microsoft reported its calendar Q3 2020 earnings, the period of that time corresponds to its Q1 fiscal 2021 period. In the three months ending September 30, Microsoft had revenues of $37.2 billion and per-share profit of $1.82.
    Analysts had anticipated the company to report $1.54 in earnings per share, generated from $35.72 billion in revenue.
    In the aftermath of the beat, shares of the company are effectively flat, gaining only a fraction of a point in after-hours trading. Microsoft was up by nearly 2% in afternoon trading, despite somewhat uneven markets.
    Helping...
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  • Microsoft gets a pandemic boost thanks to Surface, Xbox, and cloud services

    Microsoft gets a pandemic boost thanks to Surface, Xbox, and cloud services

    1 month ago - By The Verge

    Image by Alex Castro / The Verge
    Microsoft posted the first quarter of its 2021 financial results today , reporting revenue of $37.2 billion and a net income of $13.9 billion. Revenue is up 12 percent, and net income has increased by 30 percent. While the ongoing pandemic continues to force many to work remotely during an economic downturn, Microsoft is benefiting from the shift in the way people are now working, playing games more, and connecting to others through videoconferencing.
    Cloud services are the biggest boost to Microsoft's revenues from the pandemic shift in behavior. Both...
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  • Microsoft reports Q1 FY21 earnings, beats analyst estimates with $37.2B billion revenue

    1 month ago - By WMPoweruser

    Microsoft today reported its financial results for the quarter ended September 30, 2020. Microsoft's sales numbers were ahead of analyst estimates, EPS was $1.82 against the estimate of $1.54 and the revenue was $37.2 billion against the estimate of $35.7B. Microsoft's solid financial results were driven mainly by Office 365 and Azure cloud services. Expecting strong...
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