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=== Financial Performance: A Year of Growth === Microsoft’s 2021 financial results underscored its dominance in the tech sector. The company reported total revenue of $168.1 billion, an 18% increase from the previous year<ref>{{cite web |url=https://www.microsoft.com/investor/reports/ar21/index.html |quote=Microsoft's revenue for the year ended June 30, 2021, was $168.1 billion, a 18% increase from the previous year. }}</ref>, while net income surged by 38% to $61.3 billion<ref>{{cite web |url=https://www.microsoft.com/investor/reports/ar21/index.html |quote=Microsoft's net income for 2021 was $61.3 billion, a 38% increase from 2020. }}</ref>. Key drivers of this success included: * '''Intelligent Cloud''': Revenue reached $60.1 billion, a 24% year-on-year increase<ref>{{cite web |url=https://www.microsoft.com/investor/reports/ar21/index.html |quote=The Intelligent Cloud division generated $60.1 billion in revenue in 2021, a 24% increase from the previous year. }}</ref>, fuelled by the exponential growth of Azure and other cloud services<ref>{{cite web |url=https://www.microsoft.com/investor/reports/ar21/index.html |quote=Microsoft's cloud services, particularly Azure, saw significant growth, with Azure revenue increasing by 50% in 2021. }}</ref>. This reinforced Microsoft’s position as the second-largest cloud provider behind AWS<ref>{{cite web |url=https://www.microsoft.com/investor/reports/ar21/index.html |quote=Microsoft's market share in the cloud computing sector remained strong, with Azure being the second-largest cloud provider behind AWS. }}</ref>. * '''Productivity and Business Processes''': Revenue grew by 15% to $53.9 billion<ref>{{cite web |url=https://www.microsoft.com/investor/reports/ar21/index.html |quote=The Productivity and Business Processes division reported $53.9 billion in revenue, a 15% increase from 2020. }}</ref>, driven by strong demand for Office 365 and LinkedIn. * '''More Personal Computing''': Revenue increased by 14% to $54.1 billion<ref>{{cite web |url=https://www.microsoft.com/investor/reports/ar21/index.html |quote=The More Personal Computing division generated $54.1 billion in revenue, a 14% increase from the previous year. }}</ref>, bolstered by Windows OEM sales and Xbox content and services, further enhanced by strategic acquisitions like ZeniMax Media<ref>{{cite web |url=https://www.microsoft.com/investor/reports/ar21/index.html |quote=Microsoft's strategic acquisition of ZeniMax Media in 2021 expanded its gaming portfolio, contributing to the growth of the More Personal Computing division. }}</ref>. Microsoft’s market share in cloud computing expanded, and it outperformed competitors like IBM while maintaining a strong stance against Google and Apple in enterprise software and cloud infrastructure.
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