Kinh tế

Microsoft’s sales are exceeding all expectations

According to Refinitiv, Microsoft posted earnings of $2.22 per share for the first quarter of 2022, up $0.03 more than analysts had expected. Microsoft’s total revenue reached $49.36 billion, beating the $49.05 billion expected by analysts.

Microsoft’s total sales and marketing spend totaled $5.6 billion, up 10% sequentially and the fastest growth in more than three years.

service segment smart cloud of the company, including Azure public cloud for hosting applications, along with SQL Server, Windows Server and enterprise services, generated $19.05 billion in revenue. That figure is up 26%, well above the $18.90 billion that analysts were forecasting in a survey conducted by StreetAccount.

Microsoft's earnings beat all forecasts - Photo 1.

Microsoft’s software segment, which includes Office, LinkedIn, and Dynamics software, posted revenue of $15.79 billion for the quarter, up about 17% and slightly above StreetAccount’s estimate of 15.75 billion dollars. Microsoft increased the price of some Office 365 software subscriptions during the quarter.

The personal computers and operating systems segment, which includes Windows, Xbox, search advertising and Surface, posted revenue of $14.52 billion, up 11% and above StreetAccount’s expected consensus of $14.27 billion .

According to Microsoft, revenue from the sale of Windows licenses to PC makers grew 11% in the quarter. Microsoft had forecast single-digit growth in January. Research firm Gartner estimates that PC shipments fell 6.8% this quarter, marking the sharpest decline since the first quarter of 2020.

This quarter, Microsoft announced plans to acquire video game publisher Activision Blizzard for $68.7 billion, the largest transaction in Microsoft’s 47-year history. Microsoft also completed the acquisition of Nuance Communications and launched a strategy to expand into healthcare, an industry Nuance is focused on.

* Invite readers to watch programs aired by Vietnam Television on online television and VTVGo!

You are reading the article Microsoft’s sales are exceeding all expectations

at – Source: – Read the original article here

Back to top button