Microsoft releases fiscal 2021 Q2 quarterly earnings

Microsoft Corporation recently released a quarterly earnings report. The report released this time belongs to the Q2 quarter of Microsoft’s fiscal year 2021, and it is the 2020Q4 quarterly report according to the calendar year.

The financial report showed that Microsoft’s overall revenue in the quarter was as high as $43.1 billion, a year-on-year increase of 17%, and net profit of $15.5 billion increased by 33% year-on-year, exceeding analyst expectations.

The soaring revenue is due to Microsoft’s cloud computing services and office software and enterprise services. Under the epidemic, the demand for cloud computing and office software by enterprises far exceeds the average demand.

Among them, Microsoft Office commercial products and cloud services increased by 11%, for example, the enterprise version of Microsoft 365 increased by 21%.

This means that more and more companies choose Microsoft cloud office services instead of buying out the Office offline version. Of course, Microsoft also hopes that more companies will use the subscription version that supports cloud synchronization.

The cloud office software business for individual and home users increased by 7% year-on-year, among which the Microsoft 365 series personal/home edition subscriptions have reached 47.5 million.

The workplace social platform LinkedIn grew by 23%, Microsoft Dynamics enterprise products and cloud services revenue grew by 21%, and Dynamics 365 grew by 39%.

The cloud computing business has now become one of Microsoft’s pillar businesses, and Microsoft’s cloud computing business has maintained rapid growth performance over the years.

In the quarter, Microsoft’s cloud computing business revenue grew by 50%, server products and cloud services grew by 26%, and local server products also grew.

Affected by the epidemic and stimulated by the demand for remote work at home, Windows OEM revenue has also increased. Although the growth rate is only 1%, it is a good result.

Among them, Windows OEM Pro revenue decreased by 9%, while Windows OEM non-Pro revenue increased by 24%, and Windows commercial product revenue increased by 10%. Microsoft Surface hardware revenue increased by about 3%.

Gaming hardware benefited from the launch of Xbox Series X and Xbox Series S. Xbox content and services revenue increased 40%.