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The company’s gaming business is in the spotlight after Microsoft said it would acquire Call of Duty publisher Activision Blizzard for $68.7 billion.

Redmond surfs the demand for PCs and cloud services, reporting huge profits and revenues.

Redmond surfs the demand for PCs and cloud services, reporting huge profits and revenues.

TOP NEWS SUMMARY: UK PM awaits partygate verdict; markets await Fed | Financial News

Microsoft delivers $51.7B in quarterly revenue as cloud, gaming, PC sales all grow - SiliconANGLE

Microsoft shares dropped about 4.7 per cent in extended trading after declining 2.7 per cent to US$288.49 at the close in New York

Stock futures power higher with the Fed and earnings in focus; Chairman Jerome Powell likely to signal a series of 2022 rate hikes, with the first expected in March; Microsofts solid near-term sales outlook offsets a muted Q2 earnings report; Tesla Q4 earnings on deck, with delivery targets and production timelines in focus and Facebooks Libra stablecoin project is reportedly on the brink of collapse.

After acquiring Call of Duty publisher Activision Blizzard for $68.7 billion, Microsoft has reported strong results for its quarter that ended December 31, with $51.7 billion in revenue (up 20 per cent) and $18.8 billion in net income (up 21 ...

Microsoft remains impressive in its ability to drive both growth and margins at scale and we think there is more to come on both fronts. We see results as reinforcing our thesis centering on the proliferation of hybrid cloud environments and Azure, as the firm continues to use its on-premises dominance to allow customers to move to the cloud easily and at their own pace.

Redmond surfs the demand for PCs and cloud services, reporting huge profits and revenues.