Updated:
April 28, 2021 14:49 IST
Booming sales in personal computers for working from home have also helped boost the company s Windows operating system business, Microsoft said
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Microsoft s Azure cloud service is closing ground on market-share leader Amazon Web Services, and it is doubling down on productivity software used by businesses worldwide.
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Booming sales in personal computers for working from home have also helped boost the company s Windows operating system business, Microsoft said
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Microsoft Corp on Tuesday met analysts quarterly sales expectations and beat profit estimates, but its shares fell slightly as investors hoped for an even stronger performance after a year-long rally to a massive market valuation.
Microsoft sales grow on cloud strength, but shares dip
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Microsoft sales grow on cloud strength, shares fall on overblown expectations
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Two of the worldâs leading technology companies beat market expectations with their first quarter results.
Google parent Alphabet Inc beat analystsâ estimates for quarterly revenue on Tuesday, as the internetâs biggest supplier of search and video ads benefited from a rebound in ad spending.
Revenue rose to $55.31 billion (â¬46 billion) in the first quarter from $41.16 billion a year earlier. Analysts had expected revenue of $51.70 billion, according to IBES data from Refinitiv.
The results are the first sign that Google services may hold on to gains in usage brought on by lockdowns and other pandemic restrictions that forced people to shop and communicate online over the last year.