Microsoft’s new financial report increased its net profit by 16% year-on-year: continue to develop cloud services

Microsoft’s new financial report increased its net profit by 16% year-on-year: continue to develop cloud services https://www.duzline.com

For Microsoft, the energy and strategy invested in a series of traditional businesses such as Windows will continue to weaken because they still insist on cloud services.

Microsoft today released its third-quarter financial report for fiscal 2021. According to the report, Microsoft’s third-quarter revenue was US$41.706 billion, an increase of 19% compared to US$35.021 billion in the same period last year. Excluding the impact of exchange rate changes, it was a year-on-year increase of 16%; net profit was US$15.457 billion, compared with last year. Net profit in the same period was US$10.752 billion, an increase of 44%; adjusted net profit not in accordance with US GAAP was US$14.837 billion, an increase of 38% compared with the same period last year. Excluding the impact of exchange rate changes, it was a year-on-year increase of 32%.

Microsoft’s third-quarter total revenue cost was 13.045 billion U.S. dollars,

compared with 10.975 billion U.S. dollars in the same period last year. Among them, the cost of product revenue was US$4.277 billion, compared with US$3.376 billion in the same period last year; the cost of service and other revenue was US$8.768 billion, compared with US$7.599 billion in the same period last year. Microsoft’s third-quarter gross profit was 28.661 billion U.S. dollars, compared with 24.046 billion U.S. dollars in the same period last year.

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In the third fiscal quarter of fiscal 2021,

Microsoft’s productivity and business process department’s revenue was US$13.552 billion, an increase of 15% from US$11.743 billion in the same period last year. The revenue of the smart cloud department was US$15.118 billion, compared with 12.281 billion in the same period last year. The U.S. dollar increased by 23%, and more personal computing business revenues were $13.036 billion, an increase of 19% from $10.997 billion in the same period last year.

Regarding the next development plan,

Microsoft CEO Satya Nadella (Satya Nadella) said: “Since the outbreak of the epidemic for more than a year, the curve of digital adoption has not slowed down, but is accelerating, and this is just the beginning.We are building cloud services for the next ten years, expanding our potential market, and innovating at every layer of the technology stack to help customers become resilient and transform. ”

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Microsoft’s new financial report increased its net profit by 16% year-on-year: continue to develop cloud services https://www.duzline.com
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