Microsoft's revenues grew by a fifth – to $51.7bn – in its last reported quarter, fiscal Q2 2022 ended 31 December 2021, and operating income went up 24 per cent to $22.2bn from $17.89bn.Īlthough server products and cloud services have been the main engine for Microsoft of late, the Productivity and Business Processes segment that houses Office 365 (up 22 per cent to $15bn last quarter) has some legwork to do to keep numbers on that incline, especially as Surface keeps limping along (8 per cent increase in Q2 2022, 17 per cent decrease in Q1 2022). Not mentioned by Microsoft was the need to keep those dollars rolling in and ramping up.
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