Microsoft collects $45.3 billion in revenue in Q1 FY2022

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Numbers time! Microsoft revealed the results of the first quarter of fiscal year 2022 earlier this week, and the figures are just as enthralling as you would expect from the industry giant.

Reported is $45.3 billion in revenue in the quarter that ended on September 30, 2021, which is a 22% increase compared to the same period in the previous fiscal year.

Operating income also jumped to $20.2 billion, translating to a solid 27% increase compared to the previous corresponding time frame. Consequently, net income grew to $20.5 billion (GAAP) and $17.2 billion (non-GAAP), making for a positive change of 48% and 24% respectively.

All this resulted in diluted earnings per share of $2.71 (GAAP) and $2.27 (non-GAAP), which is an impressive growth of 49% and 25% respectively.

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Breaking down these figures, a lot of this revenue jump can be attributed to the cloud services that Microsoft offers. These continued to work up quite some success for the Redmond based company, as it reveled some really solid growth across the board.

Overall, the Productivity and Business Processes domain stood at a strong $15 billion for the firm with an increase of 22%, while Intelligent Cloud brought home $17 billion, growing 31%.

Moving on to the More Personal Computing side of business, Microsoft has an overall revenue of $13.3 billion to report, which also is an increase of 12%. This area is spearheaded by Windows. OEM revenue for the operating system grew by 10%, while commercial saw an uptick of 12%.

Xbox was also in the positive by 2%, while Search and News advertising revenue grew by 40%.

On the other end of the spectrum, the Surface business continued to decline for the company, with a reported revenue decline of 17%.

Microsoft very recently launched a whole range of new Surface hardware a month ago, with more reportedly incoming. So, while this figure may not exactly be surprising, there is still a chance to turn things around quick with the holiday shopping season almost upon us.

Getting back to the numbers, Microsoft returned $10.9 billion to shareholders via dividends and share repurchases, making for a growth of 14% compared to the same quarter of the previous year.