Microsoft Rides Software, Cloud Demand to Boost Quarterly Profits
Demand for Microsoft’s cloud-computing services and work software helped boost its quarterly profits by 21 percent as the pandemic continued to keep many office workers at least partly at home. The Redmond, Washington company on Tuesday reported fiscal second-quarter profit of $18.8 billion. It posted revenue of $51.7 billion for the October-December period, up 20 … Read more