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【Four Quarterly Reports of Technology, Retail and Industrial Giants】Microsoft's revenue and profit in the fourth quarter of 2021 exceeded expectations and hit a new high. Revenue increased 20% year-over-year to $51.7 billion.

author:Late LatePost

[Four Quarterly Reports of Technology, Retail and Industrial Giants] Microsoft's revenue and profit in the fourth quarter of 2021 exceeded expectations and hit a new high. Revenue increased 20% year-over-year to $51.7 billion and profit increased 21% year-over-year to $18.8 billion. Of the three businesses, the smart cloud business is the fastest growing and has become the largest source of revenue, with fourth-quarter revenue up 26% to $18.3 billion, productivity and business process segment revenue up 19% to $15.9 billion, including a significant increase in Office sales and LinkedIn advertising revenue driven by a recovery in the job market, and a 15% year-over-year increase in personal computing business to $17.5 billion, with Windows sales up 25% and gaming up 8%. Microsoft said it will continue to expand infrastructure research and development and investment, "the epidemic has made people see many limitations in the economy, and the only thing that can increase productivity and reduce costs at the same time is digital technology."

Kimberly's fourth quarter 2021 revenue of $4.97 billion and net profit of $357 million exceeded market expectations, demonstrating the resilience of consumer goods. Kimberly-Clark has a number of star products including curiosity diapers, Shujie tissues, Gaojie silk care products, etc., but compared with the same period last year, revenue growth but profit shrinkage, continuing the trend of the first two quarters, the reason is still inflation superimposed supply chain shortage to drive up costs. In terms of regional growth, Revenue in North America was flat with last year, developed markets outside North America increased by 2%, and developing and emerging markets increased by 8%. Kimberly-Clark said it will continue to consolidate its brand and expand its market share.

Omeer Group (which owns Omega, Tissot, Longines, etc.) will have revenue of 7.95 billion US dollars and net profit of 850 million US dollars in 2021. While revenue is less than in 2019, 14% of operating margins are higher than before the pandemic, with the watch and jewelry business margins of 18%. Analysts believe that watches, like luxury goods, have a market share concentrated in the head brands, but with the tight supply of luxury goods and rolex and other large brands, weaker brands also enjoy growth dividends. RIA WATCH expects revenue to continue to grow by double digits this year as products are updated.

Boeing's net loss for the fourth quarter of last year was $4.2 billion, and its $14.8 billion in revenue was also nearly 11 percent less than expected. Boeing said the good news is that the 737 MAX model is resuming production and deliveries, with commercial orders increasing and freighter sales setting records, while also mentioning that the 787 Dreamliner will delay deliveries longer than expected due to safety deficiencies and cost it $3.5 billion in abnormal production deliveries. Boeing said it is making a comprehensive effort to ensure that the aircraft meets safety standards, which will affect short-term performance, but it is the right direction to ensure stable long-term development. Previously, the Boeing 737 model crashed one after another, and the 787 model was found to have safety defects, and production was in trouble, while Airbus surpassed Boeing in 2019 to become the world's largest aircraft manufacturer for three consecutive years.

Supply chain issues hit GE "all-round" in the fourth quarter. The global industrial giant posted revenue of $20.303 billion in the last three months of last year, down 3% year-over-year, and lost $3.8 billion, compared to a profit of $2.6 billion in the year-ago quarter. Revenue from healthcare, renewables, and power declined across the four major industrial sectors due to rising raw material and transportation costs impacting the power business and supply shortages keeping them up with rapidly growing demand for medical orders. GE said it would improve this year's profits by raising prices and controlling costs. After the earnings report, its stock price fell by 7% at one point. (Lin Guangying)

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