Microsoft managed to increase its profits by 30% amid the economic crisis
LinkedIn revenue increased 16%
Microsoft Corp. announced on Tuesday 27 very positive results for the quarter ended 30 September 2020 compared to the corresponding period of the last fiscal year.
"Demand for our cloud offerings has driven a strong start to the fiscal year, with our commercial cloud revenues generating $15.2 billion, an increase of 31 percent year over year," said Amy Hood, executive vice president and chief financial officer, Microsoft.
Intelligent Cloud revenue was $13 billion and increased 20%.
The Xbox division recorded the best one-year start-up in its history and is expected to amass record revenue.
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