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| Microsoft posted the strongest revenue growth since 2018 |
Microsoft announced its financial results for the third quarter of 2021, with revenues of $ 41.7 billion and net income of $ 15.5 billion.
Revenue up 19%, net income up 44%, and Microsoft saw strong growth in Xbox and cloud-related services.
Despite the global shortage of chips, the PC market did not slow and Microsoft took advantage of this once again.
Windows licensing revenue for PC manufacturers rose 10%, driven by strong consumer demand for personal computers.
Windows PC manufacturer licensing revenue increased 44% and Windows PC manufacturer licensing revenue increased 2%
The company announced that there are currently 1.3 billion active Windows 10 devices.
In terms of computers, Surface devices reached a business milestone of $ 2 billion in the last quarter, and Microsoft made a profit of $ 1.5 billion in the third quarter of 2021.
Microsoft is also the birthplace of Xbox consoles and games. Game console sales up 232%, and sales of Xbox content and services increased $ 739 million.
Total gaming revenue for Microsoft rose $ 1.2 billion from $ 5 billion in the first quarter, largely due to Xbox content, services and hardware.
After the company announced 18 million subscribers in the last quarter, no new Xbox Game Pass subscribers were introduced this quarter.
Windows and devices are Microsoft's number one consumer-focused company, while cloud services are huge in terms of business.
Business services and desktop cloud revenue grew 14% during the quarter, while Office 365 business revenue increased 22%.
Microsoft Teams usage has grown to 145 million daily active users. There are now nearly 300 million paid subscribers to Office 365.
Office consumer products and cloud services revenue grew 5% during the quarter, driven by a significant increase in Microsoft 365 customer subscription revenues and 27% subscribers to 50.2 million.
Server and cloud services revenue increased 26%, and as a result of Azure's growth, the entire smart cloud segment revenue from Microsoft's business increased 23%.
Microsoft divides its business into three broad categories: productivity and business processes, smart cloud, and personal computing.
This personal computing group, made up of Windows, Xbox, Search and Surface, donated $ 13 billion to Microsoft this quarter for a total of $ 41.7 billion.
The smart cloud, including Azure servers and products, generated nearly $ 15.1 billion in revenue for the quarter, while business productivity and operations generated nearly $ 15.1 billion in revenue. Nearly $ 13.6 billion in the quarter.