Microsoft continues to thrive as the epidemic continues

Microsoft continues to thrive as the epidemic continues

With the outbreak in the United States, business continued a company Microsoft is moving ahead and beat Wall Street’s predictions for the last three months of 2020, buoyed by continued demand for business software and cloud computing services as people work from home.

And theAnnounced The company reported financial profits for the second quarter of $ 15.5 billion, up 33 percent over the same period last year.

In a statement, CEO Satya Nadella described it as the dawn of a second wave of digital transformation sweeping every company and industry.

The software manufacturer reported $ 43.1 billion in revenue in the October-December period, up 17 percent from a year ago, and also beat expectations.

Revenue from Microsoft’s productivity segment, which includes the Office suite of products for the workplace, such as email, grew 13 percent in the December quarter, to $ 13.4 billion.

The cloud computing business sector grew 23 percent to $ 14.6 billion, with a 50 percent growth in Azure.

The most visible sign of this growth was the emergence of Teams, which has competed with Zoom and Slack as an essential service for remote workers in the pandemic.

Microsoft’s personal computing business also grew by 14 percent to $ 15.1 billion, due to sales of gadgets and Windows licenses for new computers sought by home workers.

But the biggest push for the sector was the release of the new Xbox Series X platform, as Xbox gaming revenue grew 40 percent over the same period last year, overcoming a chip shortage that was threatening to derail its Xbox business.

The company saw a sudden boom in advertising sales on the professional social network LinkedIn, with LinkedIn revenue growth reaching 23 percent.

Microsoft said: GamePass, the monthly gaming subscription of 10 dollars, now has 18 million users, and the Xbox Live games online service has more than 100 million active monthly users.

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