Microsoft has posted revenue of $49.4bn for the quarter ending 31 March 2022, an increase of 18% over the same quarter last year.
Looking at the main growth areas, its Office Commercial products and cloud services business reported a 12% increase in revenue, driven by Office 365 Commercial revenue growth of 17%, while Office Consumer products and cloud services revenue increased by 11%. LinkedIn grew revenue by 34% and Microsoft’s Dynamics products and cloud services increased revenue by 22% due to growth in Dynamics 365, which saw a revenue rise of 35%.
