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Tech & Science Microsoft suggests, thanks to cloud boom sales expectations - Microsoft share predominantly in the plus

12:30  27 october  2021
12:30  27 october  2021 Source:   finanzen.net

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of the software giant Microsoft has earned magnificently in the past financial quarter thanks to its flourishing cloud services.

MIKE CLARKE/AFP/Getty Images © Provided by finanzen.net Mike Clarke / AFP / Getty Images

The net profit of Microsoft climbed in the three months to the end of September year-on-year by 48 percent to $ 20.5 billion (17.7 billion euros), such as The Group announced on Tuesday after US stock exchanges. The strong increase was also owed a billion-densely tax credit. The proceeds of the company grew by 22 percent to $ 45.3 billion. The numbers exceeded the expectations, the share initially alleged easily.

Above all, the cloud business with the Azure platform, which provides many other companies and apps IT services and storage space in the network, boomed with a 50 percent sales increase. Microsoft also benefits from the trend towards the HomeOffice. The PC division increased the proceeds by twelve percent. Here, in addition to Windows software, hardware products such as the game console Xbox or the last weakening business with "Surface" tablets are located. Strong growth was posted by the Career Network LinkedIn belonging to the Group, revenue in the recent quarter increased by 42 percent.

The Microsoft share is predominant on the NASDAQ by 2.57 percent to 318.07 US dollars for. FINANCEN.net / Redmond (DPA-AFX)

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