The software giant officially released its financial results for the second quarter of the calendar year. Microsoft
Specific data show that revenueMicrosoft grew 21% year over year to reach $ 46.2 billion. Another important indicator of financial results is associated with a 47% increase in profit, which amounts to $ 16.5 billion for the period from April to June. This is the third consecutive quarter in which the company exceeded analyst expectations.
At the beginning of the year, growth reached 44%, and by the end of the quarter, Microsoft recorded profit growth of 33%. The cloud business continues to be the company's most profitable division.
According to official data, in the second quartercloud business grew by 30%. Popular office apps and LinkedIn generated 25% more revenue over the same period. Curiously, even More Personal Computing performed well.
Turns out the Windows Computers divisionand Xbox consoles reported 9% growth in the second quarter of 2021. Shareholders can also be happy as the dividend per share is $ 2.17 or 49%.
Information indicates good resultssoftware giant for the entire financial year. During this period, revenues amounted to $ 168.1 billion, which is 18% more than in 2020. At the same time, Microsoft reported 38% revenue growth of $ 61.3 billion.
The second half of the year is likely to strengthen the positive trends in Microsoft's business.
Illustrations: pixabay
</ p>