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Microsoft’s new heyday: PC ‘renaissance’ and cloud boom drive record revenue and employment

Microsoft surpassed $50 billion in quarterly revenue for the first time, with profits of $18.8 billion, up 22%, in its financial results posted Tuesday afternoon. Generating profits at that rate, Microsoft will essentially fund its $68.7 billion purchase of Activision Blizzard in less than a year — several months before it’s expected to complete the deal. Here’s what else stood out in one of the...

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from GeekWire https://www.geekwire.com/2022/microsofts-new-heyday-pc-renaissance-and-cloud-boom-drive-record-revenue-and-employment/

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