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Know More Than Anywhere [Microsoft Q1 Financial Summary]

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moomooニュース米国株 wrote a column · Oct 25, 2023 01:55
Know More Than Anywhere [Microsoft Q1 Financial Summary]
paddy $Microsoft(MSFT.US)$Financial results for the first quarter (fiscal year ending July-9) were announced after the local closing on the 24th. Currently, stock prices rose 3.62% on Wednesday.
According to the first quarter financial results,turnover56.517 billion dollars, up 13% from the same period last yearRecord the biggest growth in the past 6 quartersI did it. After dilution, EPS sales also exceeded expectations. newfoundDemand for artificial intelligence (generative AI) products is increasingBusiness results were driven by the fact that growth in the cloud computing business accelerated again as corporate customers' motivation to spend recovered.
Earnings Highlights
Know More Than Anywhere [Microsoft Q1 Financial Summary]
Sales growth exceeding 10% stimulates cloud demand due to AI boom
Cloud demand has increased due to the AI boomAs a result, sales of Microsoft in the first quarter financial results increased by more than 10% for the first time in a year. The diluted EPS was 2.99 dollars, a 27% increase from the same period last year, which exceeded expectations by 13%. Sales growth of Azure and other cloud services did not slow down, sales of Office-related businesses increased 13%, and sales of businesses including Windows, PCs, and game consoles increased 3%.We have come out of negative growth in the previous quarter
Chief Executive Officer Satya Nadella (CEO) is to add functions based on open AI technology that developed the interactive AI “ChatGPT (Chat GPT)”Business software “Office”YaBasic software (OS) “Windows”, search, security softwareetcThe entire product line is being revamped. The partnership helped bring in client companies that wanted to use chat GPT and other new technologies in their own applications.
Chief Financial Officer Amy Hood (CFO) introduced the same technology as ChatGPT in an interviewInternet search serviceIt was revealed that it also recorded sales that exceeded expectations. Also, in markets such as cloud, security software, and business applications such as finance and customer managementThe market share increasedI added.
Azure is not slowing down and Office-related businesses are growing faster
Sales of Azure and other cloud services did not continue to slow down and increased 29%. Sales in the Office-related business and businesses including Windows, PCs, and game consoles also exceeded expectations, turning positive from negative growth in the previous fiscal year.
By businessLooking at it, sales of Microsoft's cloud business maintained strong growth.
• Includes Azure, GitHub, server products, enterprise and cloud services”intelligent cloud” Sales of the business were 24.259 billion dollars, up 19% from the same period last year. It exceeded analysts' expectations of 23.61 billion dollars.
Azure and other cloud servicesSales increased 29%, exceeding the company's sales forecast of 25-26% and analyst forecasts of 26%.
Sales from other businesses also exceeded expectations. Growth in the Office-related business accelerated, and sales of businesses including Windows, PCs, and game consoles also changed from negative growth in the previous fiscal year to positive growth.
• Includes Office products, LinkedIn, Dynamics products and cloud services for businesses and individual consumers”Productivity and business processes” Business sales were $18.592 billion, up 13% from the same period last year. It exceeded analysts' expectations of 18.29 billion dollars.
• Includes Windows, search and gaming consoles Xbox and Surface PCs”More Personal” Business sales were $13.666 billion, up 3% from the same period last year. It exceeded analysts' expectations of 12.89 billion dollars.
Also, the companyNovember 1We plan to release a wide range of corporate versions of the AI assistant “Microsoft 365 Copilot” for office programs such as “Outlook,” “Word,” “PowerPoint,” and “Teams.” Customers will pay an additional $30 per month in addition to their existing subscription (flat-rate billing).
This article uses automatic translation for some of its parts
Source: Bloomberg, MINKABU, Microsoft IR Information
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