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Microsoft's profits jump by 21 percent thanks to Office and the cloud
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Microsoft's profits jump by 21 percent thanks to Office and the cloud
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26th January 2022, 11:56
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 153,575
 |  Microsoft's profits jump by 21 percent thanks to Office and the cloud Microsoft's overall business is still going strong, even though it's not seeing the shockingly huge profit growth it saw last year. In its Q2 earnings report today, company reported revenue of $51.7 billion (up 20 percent from last year) with profits of $18.8 billion (up 21 percent). As usual, Microsoft has its unstoppable cloud business to thank, as well as a decent showing from its PC group, Office and other business products. Its Intelligent Cloud business grew by 26 percent, reaching $18.3 billion, while its Productivity and Business group saw revenues increase by 19 percent to reach $15.9 billion. https://www.engadget.com/microsoft-f...0.html?src=rss |
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