Friday, 24 March, 2023

Microsoft sees strong cloud growth, record quarterly profit

<p>Microsoft, on Tuesday, reported its most lucrative quarter to date. Overall revenue increased by 21% to $46.2 bn, exceeding analysts&#39; expectations by nearly $2 bn. Personal computer revenue, -- Windows software, Xbox -- increased by 9%. Microsoft&#39;s market capitalization is close to $2.2 tril. Microsoft &nbsp;The company&#39;s consumer business, according to Daniel Ives of Wedbush Securities, is &quot;a work in progress.&quot;<br /> &nbsp;</p> <p>&nbsp;</p>