Microsoft Office, cloud services, and Windows boost revenue in Q2
Microsoft posted the second quarter of its 2022 financial results today, reporting revenue of $51.7 billion and a net income of $18.8 billion. Revenue is up 20 percent, and net income has increased by 21 percent. Microsoft’s Office, cloud services, and Windows have all boosted the company’s revenues this quarter.
The PC market just had another big year thanks to continued pandemic demand, with around 340 million PCs shipped in 2021. This is now Microsoft’s second quarter of Windows 11, and Windows OEM revenue has increased by 25 percent in Q2, year over year. Windows Commercial products and cloud services revenue also increased 13 percent.
On an...