Microsoft Azure Cloud Computing Grows 50 Percent, Xbox Sales Sees Boost During Pandemic

Source:-https://gadgets.ndtv.com/ Microsoft on Tuesday reported its Azure cloud computing services grew 50 percent, the second quarter of acceleration in a business that had begun to slow as the global pandemic benefited the software maker’s investment on working and learning from home. The company’s shares rose 5 percent in extended trading after gaining about 41 percent in 2020 as COVID-19 shifted computing to areas where the software maker has bet big. It also saw a surprise recovery in sales on the

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Microsoft earnings rise as pandemic boosts cloud computing, Xbox sales

Source:-https://www.reuters.com/ The company’s shares rose 5% in extended trading after gaining about 41% in 2020 as COVID-19 shifted computing to areas where the software maker has bet big. It also saw a surprise recovery in sales on the LinkedIn professional social network and navigated a chip shortage that had threaten to hold back its Xbox business. The shift to work from home due to the COVID-19 pandemic has accelerated enterprises’ switch to cloud-based computing, benefiting Microsoft and rivals such as

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Microsoft cloud business gathers steam as pandemic boosts growth

Source:-https://telecom.economictimes.indiatimes.com Microsoft Corp’s cloud computing business slightly re-accelerated and its Teams messaging and collaboration software won new users, as a pandemic-driven shift to working from home and online learning drove quarterly results COVID-19 has speeded up a move toward cloud-based computing, helping companies such as Microsoft, Amazon.com Inc’s cloud unit and Alphabet Inc’s Google Cloud. For Microsoft, it has also boosted demand for its Windows operating systems for laptops and its Xbox gaming services as families work, learn and play

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Microsoft cloud business gathers steam as pandemic boosts growth

Source:-https://telecom.economictimes.indiatimes.com Microsoft Corp’s cloud computing business slightly re-accelerated and its Teams messaging and collaboration software won new users, as a pandemic-driven shift to working from home and online learning drove quarterly results ahead of investor targets. COVID-19 has speeded up a move toward cloud-based computing, helping companies such as Microsoft Inc’s cloud unit and Alphabet Inc’s Google Cloud. For Microsoft, it has also boosted demand for its Windows operating systems for laptops and its Xbox gaming services as families work,

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