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Microsoft continues with record revenues with Azure, its public cloud, as a great ally



Add and follow. Microsoft continues to make money in a year marked by crisis. Those of Bill Gates have declared an income of 37,200 million dollars, which represents a growth of 12%. Although they are still record figures, it has slightly lowered the growth rate, in the last quarter it gained 13% more.

As the experts predicted and ForexNews.online has advanced, Azure (its public cloud) has once again been its great ally.

"We expect Azure to continue to act strongly, growing 42% year-on-year, as it benefits from a greater change to the cloud in the environment," they highlighted from Jefferies before the accounts were known. Expectations that have not only been equaled, but have been exceeded.

Revenues from this segment have grown 48%, compared to the 47% that increased in the previous quarter. Those of Bill Gates have not released the dollar figure.

"Demand for our cloud offerings fueled a strong start to the fiscal year with our cloud business revenue generating $ 15.2 billion, up 31% year-over-year. We continue to invest in the important opportunity ahead to drive long-term growth", explained Amy Hood, Microsft's chief financial officer.

"We are innovating across our suite of modern technologies pTo help our customers in all industries improve time to value, increase agility and reduce costs, "said Satya Nadella, CEO of Microsoft.

From Microsoft, they do not put obstacles in the future and assure that they will continue to bet on the technologies that are being their great allies in recent months. "In the next decade of economic performance for all companies will be defined by the speed of their digital transformation," Nadella added.

After presenting their accounts, Microsoft shares advanced a slight 0.25% in the 'after hours' of Wall Street, which includes operations after hours.

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