Take a fresh look at your lifestyle.

Unstoppable Microsoft Records Highest Revenue Growth Since 2018


Microsoft has returned to break all forecasts in its quarterly results generating record income in a year that continues to be marked by the coronavirus pandemic. Its income for this period has risen to 41,710 million, 19% more than in the same period of the previous year, compared to the 41,030 million dollars forecast by the market. It's the highest quarterly growth since 2018. In addition, its shares have posted EPS of $ 1.95.

The software company is maintaining spectacular growth rates thanks in part to your cloud business. So much so that Azure's revenue grew by 50% in 2020. It has also benefited greatly from the sale of computers as a result of the rise of confinements and teleworking. Despite the numbers, its shares are falling more than 3% in Wall Street after hours.

“More than a year after the pandemic, digital adoption curves are not slowing down. They are accelerating and it is only the beginning ”, has explained Satya Nadella, executive director of Microsoft. "We are building the cloud for the next decade, expanding our addressable market and innovating at every layer of the technology stack to help our customers become resilient and transform. "

The good time you are living can also be seen in your price. His actions trade very close to all-time highs and it is on the verge of conquering the two trillion dollars of market capitalization.

José María Rodríguez, technical analyst at Bolsamanía, explains that Microsoft has confessed to the market this Tuesday "with the trading at all-time highs, or what is the same in free upload. Plus, on the verge of exceeding 2 trillion dollars of market capitalization, which are our billions. "

The falls in the 'after hours' move the company away from the 2 billion capitalization, an honor that for now only Apple has, which capitalizes on the 2.25 billion.


Leave A Reply

Your email address will not be published.