Business Highlights
Revenue in Productivity and Business
Processes was $15.0 billion and increased 22% (up 20% in constant currency), with the following business highlights:
· Office Commercial products and cloud services revenue increased 18% (up 16% in constant currency) driven by Office 365 Commercial revenue growth of 23% (up 21% in constant currency)
· Office Consumer products and cloud services revenue increased 10% (up 8% in constant currency) and Microsoft 365 Consumer subscribers increased to 54.1 million
· LinkedIn revenue increased 42% (up 39% in constant currency) driven by Marketing Solutions growth of 61% (up 59% in constant currency)
· Dynamics products and cloud services revenue increased 31% (up 29% in constant currency) driven by Dynamics 365 revenue growth of 48% (up 45% in constant currency)
Revenue in Intelligent Cloud was $17.0 billion and increased 31% (up 29% in constant currency), with the following business highlights:
· Server products and cloud services revenue increased 35% (up 33% in constant currency) driven by Azure and other cloud services revenue growth of 50% (up 48% in constant currency)
Revenue in More Personal Computing was $13.3 billion and increased 12% (up 11% in constant currency), with the following business highlights:
· Windows OEM revenue increased 10%
· Windows Commercial products and cloud services revenue increased 12% (up 10% in constant currency)
· Xbox content and services revenue increased 2% (relatively unchanged in constant currency)
· Search and news advertising revenue excluding traffic acquisition costs increased 40% (up 39% in constant currency)
· Surface revenue decreased 17% (down 19% in constant currency)
Microsoft returned $10.9 billion to shareholders in the form of share repurchases and dividends in the first quarter of fiscal year 2022, an increase of 14% compared to the first quarter of fiscal year 2021.