Microsoft (MSFT) Q1 2021 results

Microsoft (MSFT) Q1 2021 results
Microsoft (MSFT) Q1 2021 results
Microsoft’s Intelligent Cloud segment, with Azure, Enterprise Services, GitHub, and server products like SQL Server and Windows Server, contributed $ 12.99 billion to revenue, up 20 percent year over year and more than the consensus of $ 12.73 billion among analysts surveyed by FactSet. Azure public cloud revenue increased 48% from 47% in the previous quarter. Microsoft does not report Azure revenue in US dollars.

The Productivity and Business Processes segment, which includes Dynamics, LinkedIn, and Office, had sales of $ 12.32 billion. That’s up 11% and more than the FactSet consensus of $ 11.78 billion.

Revenue in the More Personal Computing segment with search engine advertising, Surface, Windows and Xbox was $ 11.85 billion. That means the segment’s revenue is up 6% year-over-year and above the consensus of $ 11.18 billion among analysts surveyed by FactSet. Windows device manufacturer revenue declined 5% in the quarter. Tech industry research firm Gartner estimated that PC shipments were up 3.7% year over year in the third quarter, the fastest growth in the US in a decade.

The commercial cloud product collection, including Azure, Dynamics 365, commercial LinkedIn, and Office 365 services, had sales of $ 15.2 billion, nearly 41% of total sales, up from roughly 38% in the previous quarter.

This is the first quarter that Microsoft has benefited from a change in accounting that extended the life of its server equipment from three to four years.

Regarding the forecasts, the analysts surveyed by Refinitiv expect sales of 40.43 billion US dollars in the second quarter, which corresponds to a growth of 9.5%.

In the quarter, Microsoft announced the acquisition of Zenimax Media, the company that operates video game franchises like Doom and Quake, valued at $ 7.5 billion. Microsoft was unable to reach an agreement with the TikTok video sharing app.

In January, Microsoft announced its goal to be carbon negative by 2030, which would mean removing more carbon than it emits. In the first quarter of its fiscal year, Microsoft announced an update that an internal carbon tax had been extended to all parts of its business and updated its supplier code of conduct so that suppliers must specify their emissions.

The company will provide guidance and review results for the quarter in a conference call with analysts starting at 5:30 pm Eastern Time.

Microsoft shares are up around 36% since early 2020, while the S&P 500 is up 5% over the same period.

This is the latest news. Please try again.

SEE: Microsoft is working with SpaceX to launch Azure Space. Here’s what you need to know about the initiative

These were the details of the news Microsoft (MSFT) Q1 2021 results for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

PREV Dozens killed and wounded as Israeli forces thrust deeper in Gaza’s Jabalia and Rafah
NEXT Asian activists call out Western feminists over ‘selective empathy’ on Gaza