Microsoft announces financial results for the last quarter of 2020

Microsoft this week shared its financial report for the 4th quarter of 2020 or the 2nd quarter of fiscal 2021. The company’s revenue amounted to an impressive $ 43.1 billion, up 17% from a year ago. Operating income is $ 17.9 billion (up 29%), gross profit is $ 15.5 billion (+ 33%).

Basic income can be divided into three categories. The Productivity and Business Processes division earned $ 13.4 billion (+ 13%), Intelligent Cloud $ 14.6 billion (+ 23%), More Personal Computing $ 15.1 billion (+ 17%).

Productivity and Business Processes includes products such as Office, LinkedIn, Dynamics. Office Commercial products and cloud services grew 11% on the back of already strong results a year earlier. Office 365 Commercial revenues increased by 21%.=

Office Consumer products and cloud services grew 7%, subscribers increased 28% to $ 47.5 million. LinkedIn revenues grew 23%, and sessions increased 30%. Dynamics products and cloud services grew by 21%, including cloud-based Dynamics 365 by 39%.

Intelligent Cloud is composed primarily of Azure. Server products and cloud services grew by 26%, Azure by 50%. On-premises server products saw revenue growth of 4%, driven by the end of support for Windows Server 2008. Enterprise Mobility installed base grew 29% to 163 million computers, Enterprise Services grew 5%.

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The most interesting for us is in the More Personal Computing section. This includes revenues from Windows, Surface, Xbox. Revenue from sales of Windows licenses increased by only 1%. A year ago, they were already at a high level due to the end of support for Windows 7. Windows OEM Pro revenues were down 9%, but Windows OEM non Pro revenues increased by 24%. Revenue growth for commercial products and cloud services was 10%.

Surfaces earned 3% more revenue. Search engine advertising has grown by 2%. Annual revenues grew by a whopping 51%, including 86% on hardware sales, including the new Xbox Series X and Xbox Series S. Xbox content and services grew 40%.==