Microsoft Announces 17% Revenue Increase Thanks to 50% Azure Growth
Microsoft has posted its FY21 Q2 financial results, and unsurprisingly, it has been a pretty solid quarter for the software giant, with its cloud offering spearheading the market push worldwide.
More specifically, the Redmond-based software giant reported $43.1 billion in revenue, an increase of no less than 17 percent, while the operating income jumped 29 percent to reach $17.9 billion.
Nearly every single unit recorded a substantial increase in the last quarter.
For example, revenue in the Productivity and Business Processes reached $13.4 billion, an increase of 13 percent, with the Dynamics products and cloud services growing no less than 21 percent.
The Intelligent Cloud unit also recorded a substantial jump last quarter, reaching $14.6 billion thanks to an increase of 23 percent, with Azure alone going up 50 percent.
The More Personal Computing unit reported revenue of $15.1 billion, up 14 percent, with Windows OEM revenue going up just 1 percent. Surface r… (read more)
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