Microsoft's LinkedIn now brings in over $10 billion per year

Microsoft greatly exceeded Wall Street'due south expectations for FY21 Q4. The tech behemothic reported a 21% increase in revenue to $46.two billion compared to the aforementioned quarter in the previous twelvemonth. It too shared that its operating income increased 42% to $16.5 billion. Amongst the nuggets shared past Microsoft was the fact that LinkedIn now brings in over $x billion in revenue annually.

Microsoft CEO Satya Nadella said (accent added):

We are innovating across the engineering science stack to help organizations drive new levels of tech intensity across their business. Our results evidence that when we execute well and meet customers' needs in differentiated ways in large and growing markets, nosotros generate growth, as we've seen in our commercial cloud – and in new franchises we've built, including gaming, security, and LinkedIn, all of which surpassed $10 billion in annual revenue over the past three years.

LinkedIn's success comes at a time when many people are on the hunt for new jobs. Microsoft predicts that over xl% of people may quit their job this twelvemonth.

Microsoft highlighted 4 results from the financial quarter in its written report, i of which relates to LinkedIn. According to the company, "LinkedIn revenue increased 46% (up 42% in constant currency) driven past Marketing Solutions growth of 97% (up 91% in constant currency)."

While LinkedIn'south revenue surged twelvemonth-over-year, Surface acquirement dropped twenty% in the same timeframe. Even following that drop, Surface revenue hit $1.37 billion in FY21 Q4.

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