Microsoft shows inflation-busting growth, driven by cloud adoption

Microsoft has posted revenue of $49.4bn for the quarter ending 31 March 2022, an increase of 18% over the same quarter last year. Looking at the main growth areas, its Office Commercial products and cloud services business reported a 12% increase in revenue, driven by Office 365 Commercial revenue growth of 17%, while Office Consumer products and cloud services revenue increased by 11%.

Link: Microsoft shows inflation-busting growth, driven by cloud adoption
via http://www.computerweekly.com

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