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28th July 2021, 12:21 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
Posts: 153,541
| Microsoft's profits skyrocketed by 47 percent in Q4 Microsoft's business continues to thrive thanks to its leadership in cloud computing and productivity apps. In its Q4 earnings report today, the company reported a 21 percent increase in revenues compared to last year, reaching $46.2 billion. But even more impressive, its profits jumped by 47 percent to reach $16.5 billion. Microsoft's success is practically a broken record by this point — last quarter it saw a 44 percent increase in profit, and before that it grew by 33 percent — but it's still managing to beat the expectations of Wall Street analysts. https://www.engadget.com/microsoft-q...1.html?src=rss |
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