{"id":6577,"date":"2022-01-25T22:12:06","date_gmt":"2022-01-25T22:12:06","guid":{"rendered":"https:\/\/mailinvest.blog\/index.php\/2022\/01\/25\/microsoft-profits-up-21-giving-cushion-for-gaming-push\/"},"modified":"2022-01-25T22:12:06","modified_gmt":"2022-01-25T22:12:06","slug":"microsoft-profits-up-21-giving-cushion-for-gaming-push","status":"publish","type":"post","link":"https:\/\/mailinvest.blog\/index.php\/2022\/01\/25\/microsoft-profits-up-21-giving-cushion-for-gaming-push\/","title":{"rendered":"Microsoft profits up 21%, giving cushion for gaming push"},"content":{"rendered":"<p> <a href=\"https:\/\/go.fiverr.com\/visit\/?bta=1052423&nci=17043\" Target=\"_Top\"><img loading=\"lazy\" decoding=\"async\" border=\"0\" src=\"https:\/\/mailinvest.blog\/wp-content\/themes\/breek\/assets\/images\/transparent.gif\" data-lazy=\"true\" data-src=\"https:\/\/fiverr.ck-cdn.com\/tn\/serve\/?cid=40081059\"  width=\"601\" height=\"201\"><\/a>\n<br \/><img decoding=\"async\" src=\"https:\/\/mailinvest.blog\/wp-content\/themes\/breek\/assets\/images\/transparent.gif\" data-lazy=\"true\" data-src=\"https:\/\/s.abcnews.com\/images\/Technology\/WireAP_82cf8b6b14394d8a84a36e268590fb59_16x9_992.jpg\" \/><\/p>\n<div id=\"\">\n<div class=\"Article__Headline\">\n<p class=\"Article__Headline__Desc\">Demand for Microsoft\u2019s cloud-computing services and work software helped boost its quarterly profits by 21% as the pandemic kept many office workers at home<\/p>\n<\/div>\n<div class=\"Article__Header__Meta\">\n<section class=\"Byline flex items-center\">\n<div class=\"Byline__Content\">\n<p><span class=\"Byline__ByCopy\" aria-hidden=\"true\">By<\/span><span aria-hidden=\"true\" class=\"Byline__AuthorRow\"><span class=\"Byline__AuthorContainer\" to=\"\"><span class=\"Byline__Author \">The Associated Press<\/span><\/span><\/span><\/p>\n<div class=\"Byline__TimestampWrapper\">\n<p>January 25, 2022, 10:02 PM<\/p>\n<p><span class=\"Byline__Bullet\" aria-hidden=\"true\">\u2022 <\/span>3 min read<\/p>\n<\/div>\n<\/div>\n<\/section>\n<section class=\"Share flex flex-no-wrap Article__Header__Share\"><button aria-label=\"Share to Facebook\" class=\"Button Button--default Button--icon-noLabel Share__Item Share__Item--facebook\" tabindex=\"0\"><svg focusable=\"false\" aria-hidden=\"true\" class=\"Share__Icon icon__svg\" viewbox=\"0 0 24 24\"><use xlink:href=\"#icon__social__facebook\"\/><\/svg><span class=\"Share__Text\">Share to Facebook<\/span><\/button><button aria-label=\"Share to Twitter\" class=\"Button Button--default Button--icon-noLabel Share__Item Share__Item--twitter\" tabindex=\"0\"><svg focusable=\"false\" aria-hidden=\"true\" class=\"Share__Icon icon__svg\" viewbox=\"0 0 24 24\"><use xlink:href=\"#icon__social__twitter\"\/><\/svg><span class=\"Share__Text\">Share to Twitter<\/span><\/button><button aria-label=\"Email this article\" class=\"Button Button--default Button--icon-noLabel Share__Item Share__Item--email\" tabindex=\"0\"><svg focusable=\"false\" aria-hidden=\"true\" class=\"Share__Icon icon__svg\" viewbox=\"0 0 24 24\"><use xlink:href=\"#icon__email\"\/><\/svg><span class=\"Share__Text\">Email this article<\/span><\/button><\/section>\n<\/div>\n<\/div>\n<div id=\"\">\n<p>REDMOND, Wash. &#8212; Demand for Microsoft\u2019s cloud-computing services and work software helped boost its quarterly profits by 21% as the pandemic continued to keep many office workers at home.<\/p>\n<p>The Redmond, Washington company on Tuesday reported fiscal second-quarter profit of $18.8 billion. It posted revenue of $51.7 billion for the October-December period, up 20% from a year earlier.<\/p>\n<p>Microsoft last week         announced its plans to buy high-profile game publisher Activision Blizzard for $68.7 billion, an all-cash deal that could be the priciest tech acquisition in history if it withstands scrutiny by antitrust regulators. It could also         catapult the Xbox-maker ahead of Nintendo to join Sony and Tencent as one of the three biggest video game companies.<\/p>\n<p>But the financial results revealed Tuesday show it&#8217;s still business-focused products such as Microsoft&#8217;s Azure cloud computing platform and its suite of software products that are driving the company&#8217;s growth.<\/p>\n<p>Net income of $2.48 per share beat Wall Street expectations. Analysts surveyed by FactSet were expecting Microsoft to earn $2.32 per share on revenue of $50.71 billion for the fiscal quarter.<\/p>\n<p>Sales from Microsoft\u2019s cloud computing business segment grew 26% to $18.3 billion in the quarter ending in December.<\/p>\n<p>Microsoft\u2019s productivity segment, which includes its Office suite of workplace products such as email, grew by 19% from the same period a year earlier, to $15.9 billion. The productivity segment also includes revenue from Microsoft\u2019s LinkedIn jobs networking service, which increased 37% from the same time a year earlier.<\/p>\n<p>The company late last year halted its localized version of LinkedIn in mainland China, citing tightening government restrictions affecting         the only major Western social networking platform that had still operated in the country.<\/p>\n<p>Microsoft\u2019s personal computing business, which includes Windows software licenses, Xbox and its Surface line of devices, grew by 15% to $17.5 billion.<\/p>\n<p>Holiday gadget sales typically make the October-December quarter an important one for Surface devices and Xbox games and consoles. The company said Xbox content and services revenue grew 10% over the same time a year earlier. Xbox hardware revenue grew more modestly at 4% \u2014 in part because numbers in late 2020 had been boosted by the release of Microsoft\u2019s Xbox Series X system, the company\u2019s first new console since 2013.<\/p>\n<p>Microsoft expects that snapping up Activision, the owner of popular games such as Candy Crush, Call of Duty, Overwatch and World of Warcraft, will boost demand for its Xbox Game Pass subscription service while also advancing its broader ambitions for creating immersive virtual worlds.<\/p>\n<\/div>\n<iframe data-lazy=\"true\" data-src=\"https:\/\/www.fiverr.com\/gig_widgets?id=U2FsdGVkX18x7XQvttUTrv1oEqmGNGTgvvCUiUoJ\/AP4z\/UyMz8lXGOLpu15jIMxBbTR0gmD5uBoFvhC4KWeALQRp3h\/X\/AwcVD0K8Wj9H\/ZzYKzcCNHosB9oS4SCJJFWiN85P9ICAc4OgCoE\/wHKIY7CDkf2\/DQ1vqGvk4smVe5cRDEmrLPCWi4FC8p40VUhSmWQ5udCm0zoJtorgWv3vbDQw0kKYkwn39ozAnQXDe+YvWMxkLFWA+O3TFwkJvdkIK+\/AUSnRssPKt5WHY0FhNOxnSPcLslEL4G4\/RfP95ve99U+kRnDy3X+KtzdQLY+u935ghON\/o3UE4IMv9oN6JX9RnxzL\/LRcOgnHigxStSGPKsZYtnz8RWNVT\/rOLAibqiWJadC5MYHRbekF3eg6FOGrQGkXYbsn0+a5aovnlLCbLwIqY9fcS17UX8J235iQ6cdmHNbrPeS84CMm34RA==&affiliate_id=1052423&strip_google_tagmanager=true\" loading=\"lazy\" data-with-title=\"true\" class=\"fiverr_nga_frame\" frameborder=\"0\" height=\"350\" width=\"100%\" referrerpolicy=\"no-referrer-when-downgrade\" data-mode=\"random_gigs\" onload=\" var frame = this; var script = document.createElement('script'); script.addEventListener('load', function() { window.FW_SDK.register(frame); }); script.setAttribute('src', 'https:\/\/www.fiverr.com\/gig_widgets\/sdk'); document.body.appendChild(script); \" ><\/iframe>\n<br \/><a href=\"https:\/\/abcnews.go.com\/Technology\/wireStory\/microsoft-profits-21-giving-cushion-gaming-push-82469712\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Demand for Microsoft\u2019s cloud-computing services and work software helped boost its quarterly profits by 21% as the pandemic kept many office workers at home ByThe&#8230;<\/p>\n","protected":false},"author":1,"featured_media":6578,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-6577","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech-universe"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Microsoft profits up 21%, giving cushion for gaming push - mailinvest.blog<\/title>\n<meta name=\"description\" content=\"Technology is forever changing, and there are always new pieces of technology to replace obsolete ones. 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