The financial data of Microsoft of the United States showed that the profits of the company in the three months ended September 30, 2020 increased by 30% on an annual basis.
According to the results, which exceeded analysts' expectations, Microsoft achieved profits of $ 13.89 million during the period, compared to a profit of $ 10.67 billion for the same period in 2019.
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The US company's revenues increased by 12% to reach $ 37.1 billion during the first quarter of fiscal year 2021, compared to $ 33.05 billion in the comparative quarter of the fiscal year The past.
Analysts had predicted that the US company's revenues would rise to $ 35.72 billion, but the revenues exceeded expectations by supporting Azure's revenues.
Smart cloud revenues rose 20% to reach $ 13 billion during the first quarter of the current fiscal year, with Azure revenues rising 48%
The American company stated: The past five months have shown that technology intensity is the key to business resilience, and institutions that build their own digital capabilities will recover faster and emerge from this current crisis stronger. .
