Microsoft announced his income for the second quarter of fiscal 2021, including the period October through December 2020. Like other tech giants, Redmond continues its momentum, posting record numbers boosted by the -19 Covid pandemic.
The company generated $ 43.1 billion, an increase of 17% over the previous year. Net income was $ 15.5 billion (+ 30%). That’s more than any estimate by analysts who forecast $ 40.2 billion in revenue and $ 12.6 billion in revenue. “” What we saw last year is the beginning of a second wave of digital transformation that is affecting all companies and industries. Building your own digital capacity is the new currency that drives resilience and growth of any business. Microsoft supports this development by offering the world’s largest and most complete cloud computing platform “Said Satya Nadella, CEO of Microsoft.
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Unsurprisingly, the company’s cloud computing division, Azure, saw strong growth with a 50% increase in revenue as many companies turn to this solution to make their jobs easier. Microsoft is the world’s second largest cloud service provider after Amazon and its Amazon Web Services. In Europe, Redmond shares the podium with the e-commerce giant and Google.
The increase in PC sales already noted in the previous quarter, which can be directly attributed to the need for high-performance hardware for teleworking, has taken its course. So the revenue in what Microsoft calls ” Personal computing »Up 14% to $ 15.1 billion. Surface computers, for their part, generated 3% more. The release of the new Xbox, Series X, also boosted Microsoft’s sales as Xbox content and services sales rose 40%. The next generation console became the best-selling device in the first month after Microsoft launched it.
Amy Hood, Microsoft’s Chief Financial Officer, expects a fiscal year on the same basis as this more than convincing second quarter.