26-01-2022 13:51 via telecoms.com

Microsoft rakes in massive revenues thanks to cloud boom

Microsoft’s most recent quarterly revenue clocked in at an astonishing $51.7 billion – a 20% jump which was propelled largely by Azure and other cloud services.
For the quarter which ended December 31 2021 Microsoft registered $22.2 billion of operating income (an increase of 24%), $18.8 billion net income (an increase of 21%), and diluted earnings per share was $2.48 (an increase of 22%). Which is four different ways of saying Microsoft raked in some serious wedge for that period.
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