Microsoft Advertising Certified Select Partner

Microsoft reported its strongest financial quarter to date after becoming a $3 trillion company. Search and news advertising revenue increased 8% year on year, but marks a slowdown in growth compared to the previous quarter. LinkedIn revenue was up 9%, and overall revenue in Productivity and Business Processes was up 13% to $19.2 billion. Total sales during the three-month period generated $62 billion for Microsoft, a year-on-year increase of 18%. Microsoft’s success was driven by Office and cloud revenue which account for almost 60% of the company’s overall revenue. Net income was up 33% at $21.9 billion. Although Microsoft did well overall, the money the tech giant made from search and news advertising didn’t increase as much in the recent quarter. LinkedIn revenue, on the other hand, remained steady, indicating that LinkedIn is delivering stronger results than other Microsoft platforms. Microsoft CEO, Satya Nadella, stated that they’ve moved from talking about AI to applying AI at scale.

source: Microsoft Search and News Advertising revenue up 8%

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