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US-based technology giant Microsoft, which expires December 31, 2022 2022 fourth quarter shared the financial report. The shared numbers provide little encouraging data for the company. Although Microsoft’s
US-based technology giant Microsoft, which expires December 31, 2022 2022 fourth quarter shared the financial report. The shared numbers provide little encouraging data for the company. Although Microsoft’s revenue increased Profitability has dropped drastically. Microsoft, which lost in almost every category it serves, was only able to maintain its power in the cloud sector.
Looking at the data announced, the company’s earnings over the past three months $52.7 billion We see that this is 2 percent more than in the same period last year. However, when looking at profitability, net money remains in the company’s coffers It was $16.4 billion that is 12 percent lower than in the same quarter last year.
Research from several companies shows PC sales in the last quarter of 2022. had a drop of 29 percent. revealed. Microsoft has also issued a statement confirming this. The company’s Windows OEM sales (PC manufacturers pay Microsoft for a Windows license), 39 percent drop showed.
Smart glasses released by Microsoft HoloLens The company’s Surface-branded products also lost revenue. This drop, just like Windows 39 percent was recorded as.
Microsoft’s revenue from Xbox sales and games and services fell by 13 percent. The statement on this topic mentioned that there was a partial balancing in Xbox Game Pass subscriptions. The cause of the loss of income is attributed to this. In the meantime; It should also be noted that Microsoft announced it had 25 million Xbox Game Pass subscribers last year, but didn’t go into the subject this year. The monthly average number of active Xbox players at 120 million level was mentioned.
from Microsoft smiling face the only category was Microsoft Office, cloud and server products. The company’s income is 18 percent increase across the category showed. Microsoft’s Azure cloud system and revenue from other cloud systems increased by 31 percent. Microsoft 365 subscriptions are up 12 percent in the last quarter and 63.2 million was recorded as. It was claimed that the money earned on LinkedIn increased by 10 percent.
The shared figures show that the technology giant means business on the verge of a crisis reveals that. Microsoft seems to prefer going bankrupt to get out of this crisis. There will be people who remember; The company, which recently issued a statement, said it will lay off 11 thousand people. had announced…
Source: Web Tekno
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