On paper, everything is fine for Microsoft. The company has just unveiled its quarterly results with a turnover beyond the expectations and net profits that would make many companies fade. However, investors were disappointed with a detail, so that the action of the Redmond firm dropped by 4 %. Explanations.
$ 24 billion in profit
So let’s start with the celebrations. The tech giant has announced a turnover of $ 69.6 billion in the last three months. It is an increase compared to the same period last year (62 billion). Net profit is 24.11 billion dollars, while it was $ 21.87 billion a year earlier.
In detail, we can explain these good results by the performance of the Microsoft Productivity and Trade Process Segment which includes its Office and Linkedin offers. The latter achieved nearly 30 billion profit this quarter, an increase of 13.9 %. Same trend for the Moreal Computing More -Computing unit which incorporates Windows, Bing, Surface and Xbox. This set generated $ 14.65 billion, more than Wall Street expectations.
Disappointment on the cloud
Finally, the Cloud commercial segment of the Redmond firm reached $ 40 billion, an increase of 21 % compared to the previous year. You would think that this is good news, but this is not the opinion of the markets that anticipated $ 41.1 billion in revenue. Same trend for intelligent cloud activity, which includes Azure in particular: 25.5 billion turnover against 25.8 expected. This is enough to explain the drop in the title on the stock market.
Not enough to panic Satya Nadella, CEO of Microsoft, who wants to see the glass half full: “We innovate in our technological battery and help our customers to fully exploit the return on investment of the AI to seize the enormous opportunity to come. Our activity IA has already exceeded an annual income rate of $ 13 billion, up 175 % compared to the previous year. »»
The latter also knows that he will have to manage the thorny Deepseek file, this Chinese AI developed at a lower cost, which tends to panic the investors and tech giants. To deepen this subject, do not hesitate to read our very complete article which tells you everything you need to know about this new model of language.
