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Microsoft has outlined its third-quarter earnings for its 2021 fiscal year, with gaming revenue up 50% since 2020, boosted by success across the entire Xbox portfolio.

Author Bio Trevor primarily covers tech and financials, with a particular interest in artificial intelligence, blockchain, and other innovative technologies. He grew up in Ohio and later moved to the Pacific coast. In his free time, Trevor enjoys reading, traveling, stargazing, health, and fitness. Follow @tjennewine1 Microsoft (NASDAQ:MSFT) announced third quarter earnings for fiscal 2021 after the market closed on Tuesday, beating Wall Streets expectations ...

"It was a record quarter, powered by our continued strength of our commercial cloud," said Microsoft CEO, Satya Nadella in an earnings call.  "Over a year into the pandemic, digital adoption curves arent slowing down. In fact, theyre accelerating, and its just the beginning. "Digital technology will be the foundation for resilience and growth over the next decade." Productivity and Business Processes revenue was highlighted as a growth contributor, rising 15 per cent to $13.6bn (€11.2bn), b...

Microsoft reported its fiscal year 2021 Q3 earnings today. The tech giant managed to bring in $41.7 billion in revenue. That's a 19% increase over Q3 2020, thanks to big gains in the cloud and gaming sectors.

Microsoft vanquishes estimates but investors beat down shares after-hours - SiliconANGLE

Microsoft announces 1.3 billion Windows 10 users following earnings report Following Microsoft’s earnings call on Monday, the software company announced that it had added 300 million users in the last year. The company celebrated it had surpassed 1 billion users in March 2020 and the company revealed that it reached a new all-time high of 1.3 billion users. Microsoft credited the spike of demand to the growth of users purchasing larger-screen devices including laptops and desktop computers du...

Riding once again on its Azure Cloud business, Microsoft has reported strong growth with $41.7 billion in sales (up 19 per cent year-over-year) and $15.5 billion in net income for the quarter ended March 31.Microsofts biggest growth engine was ...

Microsoft reports strong growth; Intelligent Cloud, PC sales help log $41.7 bn in revenues @kunalgrewal993 (twitter) Riding once again on its Azure Cloud business, Microsoft has reported strong growth with $41.7 billion in sales (up 19 percent year-over-year) and $15.5 billion in net income for the quarter ended March 31. Microsofts biggest growth engine was Azure Cloud division which saw $15.1 billion in revenue, a 23 percent year-over-year increase. "Over a year into the pandemic, digital ado...

Markets Jefferies analyst Brent Thill maintained a Buy rating on Microsoft (MSFT – Research Report) on April 21 and set a price target of $300.00. The company’s shares closed last Tuesday at $261.97, close to its 52-week high of $263.19. According to TipRanks.com, Thill is a top 100 analyst with an average return of 28.3% and a 77.0% success rate. Thill covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, Palantir Technologies, and CrowdStrike Holdings....

by Staff, wire reports — April 28, 2021 . RESEARCH TRIANGLE PARK – Microsoft’s profits soared during the first three months of 2021, thanks to ongoing demand for its software and cloud computing services during the pandemic. The company, which is steadily expanding its workforce in the Triangle and North Carolina, on Tuesday reported fiscal third-quarter profit of $14.8 billion, up 38% from the same period last year. “Over a year into the pandemic, digital adoption curves aren’t slowi...