Microsoft earned $64.7 billion in revenue in the last quarter

Microsoft announced its financial results for the fourth and last quarter of fiscal 2024. The company in the fourth quarter It generated $64.7 billion in revenue and $22 billion in net income. Revenue increased by 15 percent and net income increased by 10 percent.

Microsoft’s Intelligent Cloud revenues reached $28.5 billion in total

Including the company’s server products and cloud services Microsoft’s Intelligent Cloud revenues totaled $28.5 billion and increased by 19 percent compared to the previous year. Revenues from this division of Microsoft currently account for about 45 percent of all revenues. While cloud revenue is strong, Microsoft’s consumer devices push continues to decline. Accordingly, both Xbox hardware revenues have decreased and Surface revenues have been decreasing for seven consecutive quarters.

The price that manufacturers pay to license Windows for laptops and PCs Windows OEM revenue up 4 percent year-over-year.

Microsoft also launched new Copilot Plus PCs towards the end of the 4th fiscal quarter, and several Qualcomm-powered devices went on sale on June 18. Two new Surface devices were also released in June, Surface Laptop 7th Edition and Surface Pro 11th Edition. However, the full impact of the sales on device revenues will not be felt until the next quarter. This means that Surface revenue or This means that what Microsoft now calls device revenue decreased by 11 percent this quarter as well.

Xbox content and services revenue increased 61 percent this quarter

Xbox Game Pass’i de içeren Xbox content and services revenue increased 61 percent this quarter. Activision Blizzard revenues once again contributed to the majority of revenue here, with a net impact of 58 points. Without Activision Blizzard revenues, Xbox content and services revenues would have increased 3 percent year over year.

Xbox hardware revenues dropped by a massive 42 percent this quarter. Despite the decline in Xbox hardware revenues, Microsoft’s game revenues increased by 44 percent in total, with the contribution of Activision Blizzard’s additional revenues.

Microsoft’un Office commercial products and cloud services revenue increased 12 percent, and Office 365 commercial revenue increased 13 percent. On the consumer side of Office, revenue increased 3 percent year over year. Microsoft 365 Consumer subscribers also increased by 10 percent, reaching 82.5 million. Server products and cloud services revenue increased 21 percent in the quarter, while Azure and other cloud services revenue increased 29 percent.