Microsoft Q1 / 2021: $ 41.7 billion in revenue, $ 15.5 billion in profit, Windows, Xbox, and cloud all strong growth

Microsoft has just released its financial statements for Q1 / 2021 (Q3 of fiscal year 2021). Total revenue reached $ 41.7 billion, net profit reached $ 15.5 billion. Revenue increased 19% and net profit increased 44%, compared to the same period last year. Again, the software giant’s cloud service grew tremendously.

The PC market is no longer frozen, despite the global shortage of chips, but Microsoft still benefits. The revenue from providing software to OEMs increased by 10%, indicating that the demand for PC of users was still increasing strongly during the Covid-19 epidemic.

During a press conference, the Microsoft CEO revealed that there are currently more than 1.3 billion active Windows 10 devices. This is an amazing growth, when the Covid-19 pandemic made the demand for buying laptops and PCs increasing.

Surface product line alone achieved revenue of $ 1.5 billion, compared with the previous quarter was $ 2 billion, but up 12% over the same period last year. So this is a quarter when the Surface lineup did not stand out.

More impressive is the Xbox lineup. This is the second quarter with the presence of the new generation of consoles Xbox Series X and Series S, Microsoft’s Xbox hardware revenue has increased 232%. Meanwhile, revenue from services and games also increased 34%. Overall, Microsoft’s gaming business generated $ 1.2 billion in revenue, up 50% from last year.

Revenue from Microsoft’s cloud and server services also grew 26%. Microsoft’s entire “Intelligent Cloud” segment grew 23% thanks to its Azure cloud platform. Revenue from the Intelligent Cloud segment reached $ 15.1 billion. It is also the business that contributes the most revenue for Microsoft, accounting for 36% of total revenue.

Reference: theverge