Microsoft profits from digital shift with 33% boost

Microsoft’s 2020 final quarter profits hit $15.5 billion, increasing by around a third compared to the previous year amid a surge in demand for cloud-based services during the pandemic. The software giant saw revenue jump by 17 per cent to $43.1 billion in the same period. The company said its cloud strength had driven the boost to profits, no doubt triggered by the influx of people relying on digital services as they shift to working from home.

Link: Microsoft profits from digital shift with 33% boost
via nationaltechnology.co.uk

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