Page 39 - More Personal Computing News Today

January 26th, 2021 SOPA Images via Getty Images Another quarter, another booming earnings report from Microsoft. But what’s notable for Q2 2021is that it isn’t just the cloud driving the company forward this time. The company reported revenues of $43.1 billion, up 17 percent from last year. That’s $2.9 billion more than what analysts were expecting. Even more impressive, its profit jumped by 33 percent to reach $15.5 billion. During the last quarter, we were surprised that Microsoft manag...

Share: Microsoft Corporation (NASDAQ: MSFT) reported second-quarter earnings after the stock hit a new all-time high on Tuesday. What Happened: Revenue increased 17% year-over-year to $43.1 billion for Microsoft, beating street consensus estimates of $40.2 billion. Net income increased 33% year-over-year and earnings per share of $2.03 came in well ahead of Street consensus estimates of $1.64. The highlight for Microsoft in the quarter was the growth of the cloud-related businesses. Commercial ...

Xbox revenue up 51% in a quarter defined by Game Pass growth, Series X|S debut ); } Microsoft has shared its Q2 results, showcasing rising revenue for the quarter that includes both the busy holiday season and the launch of its next-generation Xbox Series X|S consoles. Microsoft as a whole saw its revenue jump 17 percent to $43.1 billion, and operating income rise 29 percent to $17.9 billion. The tech giant reported a 51 percent rise in game revenue year-over-year, though specif...

1/26/2021 9:48:55 PM GMT | By Joel Frank Major US bourses saw broadly flat trading conditions as markets look ahead to Wednesday’s FOMC meeting. The retail army vs Wall Street GameStop short squeeze continues. The battle between the Reddit retail army and hedge fund short sellers stole the show again on Tuesday, with GameStop (GME) again at the epicentre. By battle, it would probably be better to call it a rout; GME shares finished the day 92.61% highe...

Date Time Microsoft cloud strength drives second quarter results Microsoft Corp. today announced the following results for the quarter ended December 31, 2020, as compared to the corresponding period of last fiscal year: Revenue was $43.1 billion and increased 17% Operating income was $17.9 billion and increased 29% Net income was $15.5 billion and increased 33% Diluted earnings per share was $2.03 and increased 34% “What we have witnessed over the past year is the dawn of a second wave of di...

December 19, 2020 Microsoft Corp.’s Xbox One hardware ranked at No. 6 in Japan in the latest retail data from the region. Famitsu this week reported that the Xbox One sold 38 units, including 20 Xbox One X units to rank as the No. 6 hardware between Dec. 7 and Dec. 13. In Q1, Microsoft said the More Personal Computing segment, which includes the Xbox, held $11.85 billion in revenue. Gaming revenue increased 22 percent from the year prior. Total revenue increased six percent due to...