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General

Microsoft maintains quarterly revenue growth at 12% on demand for Azure, consumer products

Wednesday 28 October 2020 | 09:02 CET | News
Microsoft maintained solid double-digit growth in its fiscal first quarter to September, thanks to demand for its cloud services as well as consumer products. Revenue rose 12 percent year-on-year to USD 37.2 billion, slowing only slightly from 13 percent growth in the previous quarter. Operating profit was up 25 percent to USD 15.9 billion, and net profit jumped 30 percent to USD 13.9 billion. 

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Categories: General
Companies: LinkedIn / Microsoft
Countries: World
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