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Microsoft earnings in spotlight for signs of business recovery, Xbox growth

Microsoft earnings in spotlight for signs of business recovery, Xbox growth Reuters 26/01/2021 By Stephen Nellis © Reuters/Stringer . Microsoft Corporate Vice President Michael Fortin talks to a delegate at the opening of the Microsoft Corp; Africa development centre (ADC) in Nairobi By Stephen Nellis (Reuters) - `When Microsoft Corp reports earnings on Tuesday, investors will be looking for signs that big businesses are still investing in cloud computing, that smaller businesses are starting to recover and whether Xbox sales will be slowed by chip shortages. The Redmond, Washington-based company is a winner of the pandemic-driven shift to working and learning from home, with businesses and schools adopting its Teams collaboration software and shifting many other apps to the cloud. But the pandemic also hurt sales to small businesses and sparked a global semiconductor shortage, analysts said.

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Microsoft earnings in spotlight for signs of business recovery

Microsoft earnings in spotlight for signs of business recovery By Reuters Share When Microsoft Corp reports earnings tomorrow, investors will be looking for signs that big businesses are still investing in cloud computing, that smaller businesses are starting to recover and whether Xbox sales will be slowed by chip shortages. The Redmond, Washington-based company is a winner of the pandemic-driven shift to working and learning from home, with businesses and schools adopting its Teams collaboration software and shifting many other apps to the cloud. But the pandemic also hurt sales to small businesses and sparked a global semiconductor shortage, analysts said.

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Microsoft earnings rise as pandemic boosts cloud computing, Xbox sales

Microsoft earnings rise as pandemic boosts cloud computing, Xbox sales By Stephen Nellis and Akanksha Rana Reuters (Reuters) - Microsoft Corp on Tuesday reported its Azure cloud computing services grew 50%, the second quarter of acceleration in a business that had begun to slow as the global pandemic benefited the software maker s investment on working and learning from home. The company s shares rose 4% in extended trading after gaining about 41% in 2020 as COVID-19 shifted computing to areas where the software maker has bet big. It also saw a surprise recovery in sales on the LinkedIn professional social network and navigated a chip shortage that had threaten to hold back its Xbox business.

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Microsoft s shares rise as cloud-computing business beats revenue estimates

Microsoft s shares rise as cloud-computing business beats revenue estimates
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Microsoft s strength in cloud computing boosts earnings, shares rise

5 Min Read (Reuters) - Microsoft Corp on Tuesday reported its Azure cloud computing services grew 50%, the second quarter of acceleration in a business that had begun to slow as the global pandemic benefited the software maker’s investment on working and learning from home. FILE PHOTO: A Microsoft logo is seen in Los Angeles, California U.S. November 7, 2017. REUTERS/Lucy Nicholson The company’s shares rose 5% in extended trading after gaining about 41% in 2020 as COVID-19 shifted computing to areas where the software maker has bet big. It also saw a surprise recovery in sales on the LinkedIn professional social network and navigated a chip shortage that had threaten to hold back its Xbox business.

San franciscoUnited statesLisa shumakerStephen nellisAkanksha ranaSriraj kalluvilaThomson reuters trust principlesAlphabet inc google cloudMicrosoft corp onAlphabet incThomson reuters trustசான் பிரான்சிஸ்கோஒன்றுபட்டது மாநிலங்களில்லிசா ஷூமகேர்ஸ்டீபன் நெல்லிஸ்தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ்