Microsoft earnings rise as pandemic boosts cloud computing, Xbox sales ...Middle East

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Microsoft earnings rise as pandemic boosts cloud computing, Xbox sales
source : Devdiscourse ( Middle East ) () 17
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 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.

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