Microsoft increased its annual profit by 38% and exceeded USD 60 billion for the first time.

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source: /today.in-24.com

Microsoft increased its annual profit by 38% and exceeded USD 60 billion for the first time.

The US technology company obtained a record revenue figure for the fiscal year as a whole of 168,088 million dollars, 17.5% more than in 2020.

Microsoft obtained a net profit of 61,271 million dollars at the end of its fiscal year, which ended last June, representing an increase of 38.4% compared to the result recorded by the US giant in the previous year.

In the case of Microsoft's cloud business, annual Turnover increased 24.2% to $ 60.08 billion. In contrast, the personal computing division, including Windows, Bing, or the Xbox console, increased its sales by 12%. Sales, up to 54,093 million dollars.

Microsoft's revenue for the fiscal year as a whole totaled a record $ 168.088 billion, 17.5% more than a year earlier, including 16.2% growth in productivity, which includes Office sales. And LinkedIn, up to $ 53.915 million.

In the case of Microsoft's cloud business, annual Turnover increased 24.2% to $ 60.08 billion. In contrast, the personal computing division, including Windows, Bing, or the Xbox console, increased its sales by 12%. Sales, up to 54,093 million dollars.

In the case of Microsoft's cloud business, annual Turnover increased 24.2% to $ 60.08 billion. In contrast, the personal computing division, including Windows, Bing, or the Xbox console, increased its sales by 12%. Sales, up to 54,093 million dollars.

In the fourth quarter of its fiscal year between April and June, Microsoft posted a net profit of $16,458 million, an improvement of 46.9% over the same period in 2020, while its Turnover rose 21.3% to ، 46,152 million.

In the fourth quarter of its fiscal year, revenue from the productivity business increased 25%, to $ 14,691 million. In comparison, the cloud business increased its Turnover by 30%, to $ 17,375 million, including growth in 51% of Azure revenue.

Similarly, the Personal Computing Division increased its sales by 9% to ، 14,086 million.

Our results show that when we perform well in different ways in large and expanding markets and meet customer needs, we create growth, as we see in our business cloud, Yes, and in new franchises we have built, including sports and business. Security, said Satya Nadella, President and CEO of Microsoft.