According to the company’s results, profits for the period amounted to $ 8.8 billion, compared to $ 7.42 billion in profits for the same period last year.
Microsoft's results outperformed the expectations and estimates of analysts and experts, with major support from cloud services revenue.
The company said that its total revenue rose by 14% to $ 30.57 billion during the third fiscal quarter compared to $ 26.81 billion recorded in the same period in 2018. >
Analysts had expected Microsoft's revenue to reach $ 29.88 billion.
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