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
Microsoft's profits skyrocketed by 47 percent in Q4
28th July 2021, 11:21
Microsoft's profits skyrocketed by 47 percent in Q4 
