The software and cloud giant reported fourth quarter revenue of $46.2 billion, up 21% from a year ago, with net income of $16.5 billion, or $2.17 a share. Wall Street analysts were modeling Microsoft to report revenue of $44.24 billion with non-GAAP earnings of $1.92 a share. CEO Satya Nadella said in a statement the company was innovating well and driving “tech intensity” for its customers. Commercial cloud revenue in the fourth quarter was $19.5 billion, up 36% from a year ago. Azure revenue was up 51% in the quarter.  Microsoft Teams hits 250 million monthly active user milestone For fiscal 2021, Microsoft spent $20.7 billion on research and development, up from $19.2 billion in fiscal 2020.  A few recent Microsoft highlights: 

Microsoft outlines its new support plans for Windows ServerMicrosoft acquires privileged access management vendor CloudKnox SecurityMicrosoft kicks off public preview of next version of SharePoint for on-prem useMicrosoft starts testing Teams integration with Windows 11Microsoft reveals $31 per user per month price tag of one of the coming Windows 365 SKUsMicrosoft rolls out visually updated Office preview, plus native 64-bit Office for ArmMicrosoft: Windows 11 is a better fit than Windows 10 for this hybrid worldMicrosoft enables more Azure services to run anywhere via Azure Arc

By the Q4 numbers:

Revenue in Microsoft’s productivity and business processes unit was up $14.7 billion, up 25%. Office Commercial products and cloud services revenue was up 20%. Microsoft 365 Consumer subscribers ended the quarter at 51.9 million. LinkedIn revenue was up 46% fueled by marketing solutions growth. Intelligent cloud revenue was $17.4 billion, up 30%. More personal computing revenue as $14.1 billion, up 9%. Windows commercial products and cloud services revenue was up 20% in the fourth quarter. But Windows OEM revenue fell 3%. Surface revenue fell 20% in the fourth quarter.

For fiscal 2021, Microsoft reported net income of $61.3 billion, or $8.05 a share, on revenue of $168.1 billion, up 18% from fiscal 2020.