Microsoft revenue from Windows and devices drops in the 4th quarter of 2022

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In the period, the company’s general revenue grew 2% and was slightly below what was expected by analysts. Last Wednesday (18), the company announced that it will lay off 10,000 people by the end of June. Microsoft facade in Los Angeles REUTERS/Lucy Nicholson Microsoft reported this Tuesday (24) that its revenue grew 2% in the last quarter of 2022, reaching US$ 52.7 billion. On the other hand, there was a 39% drop in revenue from Windows licenses and devices. Microsoft’s performance was slightly below what was expected by analysts, who projected earnings of US$ 52.9 billion in the period, according to data from Refinitiv. Operating profit was $20.4 billion and was down 8% year-on-year, while net income was $16.4 billion, down 12%. Last Wednesday (18), Microsoft announced that it will lay off 10,000 people by the end of June due to a reduction in customer digital expenses. The cut represents about 5% of the employee base, according to the company. See how the revenue of the main divisions of Microsoft turned out: Commercial version of Office: +7%; Personal version of Office: +2%; LinkedIn: +10%; Dynamics (business platform): +13%; Cloud products and services: +20%; Windows: -39%; Commercial version of Windows: -3%; Xbox content and services: -12%; Search and ads: +10%; Devices: -39%; Microsoft Chief Executive Satya Nadella has said the next wave of computing is dawning and the company intends to invest more in artificial intelligence. “We are committed to helping our customers use our platforms and tools to do more with less today and innovate for the future in the new era of AI,” said Nadella. The fall of ‘big techs’ Arte/g1 Layoffs in big techs: what is happening with Google, Microsoft, Meta and Amazon

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