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Thanks to its cloud offerings, the software giant Microsoft is also growing in the crown crisis. Office Office programs, cooperative software teams, and the Azure cloud platform that many applications use are in high demand, while people in many countries work at home rather than in the office, as the company announced Wednesday. (local time). According to the information, Microsoft’s Windows operating system and “Surface” tablets also performed better than expected because more mobile devices had been purchased.
The crown pandemic is affecting all areas of life and work, “and we have seen a degree of digital transformation of two years in two months,” Microsoft chief Satya Nadella said in a conference call with analysts. Microsoft Teams now has 75 million users per day, double that of early March.
Microsoft’s flagship cloud, the Azure business platform, experienced a 59 percent sales increase. Overall cloud business grew 27 percent to $ 12.3 billion. Sales from the Windows, Xbox game console and Surface devices division grew three percent to $ 11 billion. As a precaution, the group had issued a sales warning for this area due to the crown pandemic in February. However, supply chains in China recovered somewhat faster than expected.
The area that houses office software, among other things, grew 15 percent to $ 11.7 billion. Microsoft is helping customers pay for many products, such as Office, largely through subscription. By contrast, one-time software sales declined in March, as CFO Amy Hood told Bloomberg.
During the last quarter, Microsoft increased earnings by 22 percent year-over-year to $ 10.8 billion. Revenue increased 15 percent to $ 35 billion in the third quarter ended March.
This clearly exceeded Wall Street’s expectations: in Nasdaq trading, Microsoft shares initially fell, but recently there was a 1 percent rise to $ 179.21 on the price chart.
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