Today, Microsoft released its quarterly earnings report for the first quarter of fiscal year 2021. It showed strong growth in the cloud, Surface hardware, Xbox and other gaming, and more.
Today, Microsoft announced its earnings for the first quarter of its 2021 fiscal year. Overall revenue grew by 12% (12% in constant currency) over the same quarter last year for a total of $37.2 billion. That’s broken up into Productivity and Business Processes with $12.3B revenue and 11% (11% CC) growth), Intelligent Cloud with $13B revenue and 20% (19% CC) growth, and More Personal Computing with $11.8B revenue and 6% (6% CC) growth. In the Productivity and Business Processes department, it was led by 9% increase in Office Commercial products and cloud services, including 21% (20% CC) growth in Office 365 Commercial.
