Microsoft released Q2 financial report in 2020: net profit increased by 38% year-on-year to US $11.649 billion
On January 29 local time, Microsoft released its financial report for the second quarter of fiscal year 2020 (i.e. the fourth quarter of 2019) as of December 31, 2019. In this quarter, Microsoft achieved revenue of 36.906 billion US dollars, up 14% year on year; According to GAAP, the net profit was 11.649 billion US dollars, up 38% year on year.
Microsoft cloud computing services grew strongly. Amy Hood, executive vice president and chief financial officer of Microsoft, said: "The strong executive power of our sales team and partners has brought the revenue of commercial cloud to $12.5 billion, up 39% year on year“
Microsoft Cloud Computing beat Amazon and other competitors this quarter and won the JEDI project contract from the US Department of Defense, which is worth up to 10 billion dollars in ten years.
The financial report disclosed that in this quarter, the smart cloud grew 27% year on year to $11.9 billion. The revenue of server products and cloud services increased by 30%, while the revenue of enterprise services increased by 6%. The largest figure was Azure's revenue, up 62%.
Windows business revenue increased by 25%. Search advertising revenue minus traffic acquisition costs increased by 6%. Surface revenue increased by 6%, while Xbox content and services revenue decreased by 11%.
The personal computing business achieved a revenue of US $13.21 billion, up 1.7% year on year. Among them, Microsoft's Windows OEM revenue increased by 18%, Windows business and cloud service revenue increased by 25%, Surface revenue increased by 6%, and Xbox game revenue decreased by 11%.
The highlights of Microsoft's other businesses include: Microsoft Office 365 commercial revenue increased by 27%, Office commercial revenue increased by 16%, Office consumer and cloud service revenue increased by 19%, and Dynamics revenue increased by 12%. LinkedIn's revenue grew by 24%. Office 365 users reached 37.2 million.
Microsoft returned $8.5 billion to shareholders in the second fiscal quarter of fiscal year 2020 through share repurchases and dividends. As in the first quarter of 2020, games were also a major failure of Microsoft in the second quarter.
