Software
Microsoft (Microsoft) released its fiscal third quarter 2022 financial report. Revenue for the quarter was $49,360 million, up 18% from $41,706 million in the year-ago quarter. Net income was US$16,728 million, up 8% from US$15,457 million in the year-ago quarter. The company's intelligent cloud business revenue was $19.05 billion in the fiscal third quarter, and Azure and other cloud services revenue increased 46% in the quarter. Productivity and Business Process segment revenue was $15.79 billion, up approximately 17%. More Personal Computing revenue was $14.52 billion, up 11%.
Oracle released its fiscal third quarter 2022 earnings. Total revenue for the quarter was $10,513 million, up 4% from $10,085 million in the same period last year. Net income was US$2,319 million, down 54% from US$5,021 million in the same period last year; Excluding one-time items, Oracle's adjusted net income was $3,102 million, down 11% from $3,485 million in the year-ago quarter.
German enterprise software giant SAP (SAP) said in its earnings report that revenue increased by 11% in the first quarter of 2022, boosted by the cloud business, exceeding market expectations, but lost 300 million euros in revenue due to its exit from Russia. The company's total revenue for the quarter increased to 7.08 billion euros (about $7.54 billion) from 6.35 billion euros in the same period last year. Among them, cloud computing and software revenue increased by 12% to 6.06 billion euros.
Salesforce, the world's largest CRM software service provider, reported its first fiscal quarter. Fiscal first quarter revenue was $7,411 million, up 24% from $5,963 million in the year-ago quarter, and up 26% year-over-year excluding the impact of currency movements. Net income was $28 million, down 94% from $469 million in the year-ago quarter.
Adobe announces fiscal 2022 first quarter earnings. Quarterly revenue of $4,262 million, the most recent record in the company's history, up 9% from $3,905 million in the year-ago quarter and up 17% on a year-over-year basis. Net income was $1,266 million, up 0.4% from $1,261 million in the year-ago quarter.
Video conferencing software developer Zoom reported first-quarter financial results. Quarterly total revenue of $1,073.8 million, up 12% from $956.2 million in the year-ago quarter; Net income attributable to the Company's common shareholders was $113.6 million, compared to $227.4 million in the year-ago quarter, down 50% year-over-year.
Computers and office equipment
Apple (Apple) announced its results for the second fiscal quarter of fiscal year 2022 ended March 26, 2022. Total net revenue for the fiscal second quarter was $97,278 million, up 9% from $89,584 million in the same period last year. Net income was $25,010 million, up 6% from $23,630 million in the same period last year. Greater China revenue was $18,343 million, up 3% from $17,728 million in the year-ago quarter. Revenue from iPhone was $50.570 billion, revenue from Mac was $10.435 billion, revenue from iPad was $7.646 billion, revenue from wearables, home devices and accessories was $8.806 billion, and revenue from services was $19.821 billion.
HP released its fiscal 2022 second quarter earnings report ended April 30. Second-quarter net revenue of $16.5 billion, up 3.9% from $15.9 billion in the year-ago quarter. Net income was $1.0 billion, down 19% from $1.2 billion in the year-ago quarter. By business segment, HP Personal Systems Group revenue for the fiscal second quarter was $11.532 billion, up 9% from $10.555 billion in the year-ago quarter. Among them, desktop shipments increased by 11% year-on-year, notebook shipments decreased by 23% year-on-year, and total shipments decreased by 17% year-on-year. HP Printing Group revenue for the fiscal second quarter was $4.963 billion, down 7% from $5.323 billion in the same period last year.
Lenovo Group announced results for the fourth quarter and full year of fiscal year 2021/22 (April 2021-March 2022). Group revenue reached RMB106 billion (approximately US$15.9 billion) in the fourth quarter, up 7% year-on-year. Net profit for the fourth quarter was $2.6 billion. The Group's annual turnover reached nearly RMB460 billion, a year-on-year increase of 18%; The net profit for the whole year reached 13 billion yuan, a year-on-year increase of 72%. In the fiscal year, the company's R&D investment increased by 43% year-on-year to 13 billion yuan.
Dell Technologies announced its financial results for the first quarter of the fiscal year ended April 29, 2022. Total net revenue for the quarter was $26,116 million, up 16% from $22,590 million in the year-ago quarter. Net income from continuing operations was $1,069 million, compared to $659 million in the year-ago quarter, an increase of 62% year-over-year. Net income attributable to Dell was $1.072 billion, compared to $887 million in the same period last year, an increase of 21% year-over-year. First-quarter revenue from Infrastructure Solutions was $9,285 million, up 16% year-over-year. Revenue from Customer Solutions was $15,587 million, up 17% year-over-year.
Western Digital announced results for the fiscal third quarter ended April 1, 2022. Quarterly net revenue was $4,381 million, compared to $4,137 million in the year-ago quarter. Quarterly net income was $25 million, compared to $197 million in the year-ago quarter.
Seagate Technology announced results for the fiscal third quarter ended April 1, 2022. Quarterly revenue was $2,802 million, compared to $2,731 million in the year-ago quarter. Quarterly net income was $346 million, compared to $329 million in the year-ago quarter.
Xerox announced its first quarter 2022 results. Quarterly revenue was $1,668 million, compared to $1.71 billion in the year-ago quarter. Net loss attributable to companies for the quarter was $56 million, compared to $39 million in the year-ago quarter.
Information Services
TD SYNNEX ANNOUNCED RESULTS FOR THE FIRST QUARTER OF FISCAL 2022 ENDED FEBRUARY 28. Quarterly revenue was $15.47 billion, compared to $4,939 million in the year-ago quarter. Quarterly net income was $132 million, compared to $87.82 million in the year-ago quarter.
IBM reported a 9% increase in revenue in the first quarter of 2022 due to continued growth in hybrid cloud platforms. Revenue rose to $14.2 billion in the fiscal quarter from $13.19 billion in the year-ago quarter, and hybrid cloud revenue increased 14% to $5.0 billion in the first quarter. Quarterly net income was $733 million, compared to $955 million in the year-ago quarter. By segment, software revenue (hybrid cloud platforms and solutions, transaction processing platforms) was $5.8 billion, up 12.3%. Consulting (Business Transformation, Technology Consulting and Application Management) revenue of $4.8 billion increased 13.3%. Infrastructure (hybrid cloud infrastructure, infrastructure support) revenue of $3.2 billion decreased 2.3%.
Fujitsu Limited announced its fiscal year results (April 2021 - March 2022). Net sales for the full year were 3,586,839 million yen (approximately USD 27.6 billion), compared to 3,589,702 million yen in the previous year. Operating profit for the fiscal year was 219,201 million yen, compared to 266,324 million yen in the previous year. Net profit attributable to owners of the parent company was 182,691 million yen in the fiscal year, compared to 202.7 billion yen in the previous year.
Accenture announced results for the second quarter of fiscal 2022 ended February 28, 2022. Quarterly revenue was $15.05 billion, up 24% year-over-year. By business, consulting revenue was US$8.32 billion, up 29% year-over-year; Outsourcing revenue was $6.72 billion, up 19% year-over-year. Quarterly net income was $1.66 billion, compared to $1.46 billion in the year-ago quarter.
Hewlett Packard Enterprise announced fiscal 2022 second quarter results. Second-quarter net revenue was $6,713 million, up 0.2% from $6,700 million in the year-ago quarter; Net income was $250 million, compared to $259 million in the year-ago quarter, down 3% year-over-year.
NEC announced its fiscal year results (April 2021 - March 2022). Full-year revenue was 3,014,095 million yen (approximately $23.2 billion), compared to 2,994,023 million yen in the previous year. Operating profit for the fiscal year was 132,525 million yen, compared to 153,759 million yen in the previous year. Net profit attributable to owners of the parent company was 141,277 million yen in the fiscal year, compared to 149,606 million yen in the previous year.
Cognizant Technology Solutions announced its first quarter 2022 results. Quarterly revenue was $4,826 million, compared to $4,401 million in the year-ago quarter. Quarterly net income was $563 million, compared to $505 million in the year-ago quarter.
Infosys announces results for the fourth quarter and full year of the fiscal year ended March 31, 2022. Fourth-quarter revenue was $4.28 billion, compared to $3,613 million in the year-ago quarter. Quarterly net income was $753 million, compared to $697 million in the year-ago quarter. Revenue for the fiscal year was $16,311 million, compared to $13,561 million in the previous fiscal year. Net income for the fiscal year was $2,968 million, compared to $2,623 million in the year-ago quarter.
DXC Technology announced results for the fourth quarter and full year ended March 31, 2022. Fourth-quarter revenue was $4,008 million, compared to $4,385 million in the year-ago quarter. Net income attributable to the Company's ordinary shareholders for the quarter was $530 million, compared to a net loss of $798 million in the year-ago quarter. Revenue for the fiscal year was $16,265 million, compared to $17,729 million in the previous fiscal year. Net income for the fiscal year was $718 million, compared to a net loss of $149 million in the year-ago quarter.
Imaging equipment
Canon Group (Canon) announces its financial results for the first quarter of 2022. Group revenue in the quarter increased by 4.4% year-on-year to 879,350 million yen (approximately US$6.77 billion). In the printing business, revenue increased by 7.5% year-on-year to JPY 504.8 billion. Sales in the imaging business increased by 5.8% y/y to 157.2 billion yen. Sales in the Medical segment decreased by 5.0% y/y to JPY 118.2 billion. Sales in the Industrial Equipment & Other Products segment increased by 1.0% y/y to JPY 125.8 billion. The Group's quarterly operating profit was 76.140 billion yen, a year-on-year increase of 7.9%. Net income attributable to the Company was 45,975 million yen, up 3.4% year-on-year.
Fujifilm Holdings released its fiscal year 2021 financial report. For the full year (April 2021 ~ March 2022), the company achieved sales revenue of 2,525.8 billion yen (approximately USD 19.4 billion), a year-on-year increase of 15.2%. Operating income was JPY 229.7 billion, up 38.8% y/y. Among them, sales revenue in the medical and health business was 801.7 billion yen, a year-on-year increase of 38.4%. Sales revenue in the Performance Materials segment increased by 10.8% y/y to JPY 627.2 billion. Sales revenue in the imaging business increased by 16.9% y/y to JPY 333.4 billion. Sales in the Business Innovation Business segment increased by 0.2% y/y to JPY 763.5 billion.
Ricoh Company Ltd. Announcement of fiscal year results (April 2021 - March 2022). Full-year revenue was 1,758.5 billion yen (approximately $13.5 billion), compared to 1,682 billion yen the previous year. Operating profit for the fiscal year was JPY 40 billion, compared to an operating loss of JPY 54.5 billion in the previous year. Net income attributable to owners of the parent company was 30.3 billion yen in the fiscal year, compared to a net loss of 32.7 billion yen in the previous year.
Nikon announced its fiscal year results (April 2021 – March 2022). Full-year revenue was 539,612 million yen (approximately $4.15 billion), compared to 451,223 million yen in the previous year. Operating profit for the fiscal year was 49,934 million yen, compared to an operating loss of 56,241 million yen in the previous year. Net profit attributable to owners of the parent company for the fiscal year was 42,679 million yen, compared to a net loss of 34,497 million yen in the previous year.
Note: The start time of each company's fiscal year is different from the calendar year, so there may be cases where the fiscal quarter, year, etc. are inconsistent with the calendar year.