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Benzinga
Benzinga
Technology
Anusuya Lahiri

Microsoft CFO Stressed On The Importance Of Windows: CNBC

  • Microsoft Corp (NASDAQ:MSFT) CFO highlighted the success of Windows, which held ~80% share of the market in 2021, compared to ~11% for Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), Google-backed Chrome OS, and 8% for Apple Inc's (NASDAQ:AAPL) MacOS, CNBC reports.
  • Amy Hood emphasized that Windows still earned Microsoft tens of billions of dollars per year in highly profitable revenue. Windows' revenue growth soared due to the pandemic.
  • Hood added that Windows' strength during Microsoft earnings calls, especially the last two, has touted the faster-than-expected growth rates for sales to device makers, thanks to a strong PC market.
  • The growth of Windows benefitted other parts of Microsoft's business, too, like consumer subscriptions to Office 365, search advertising, internet browser market share, and gaming.
  • Supply shortages have strained sales of Windows, Surface PCs, and Xbox consoles for several months, Hood admitted.
  • The report added that Hood expressed optimism about Windows and looked to innovate it further.
  • Price Action: MSFT shares traded higher by 2.10% at $281.65 in the premarket on the last check Wednesday.
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