Microsoft revenue growth slows as cloud business helps offset Windows decline

imdb · Oct 26, 2022

A declining PC market, macroeconomic headwinds, and a strong U.S. dollar are slowing Microsoft’s revenue growth numbers, but the Redmond tech giant still beat expectations for its first fiscal quarter earnings report.

The company’s cloud computing arm continued to boost overall business. Microsoft Cloud revenue reached $25.7 billion in the quarter, up 24% year-over-year and representing more than half of total revenue, but down from 36% growth in the year-ago quarter.

Revenue from the Windows OEM sector, which comes from equipment manufacturers that install Windows on their machines, was down 15%. The company cited “continued deterioration in the PC market.”
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Microsoft revenue growth slows as cloud business helps offset Windows decline by Taylor Soper

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Microsoft revenue growth slows as cloud business helps offset Windows decline

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Microsoft revenue growth slows as cloud business helps offset Windows decline

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