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Microsoft maintains quarterly revenue growth at 12% on demand for Azure, consumer products

2020-10-28 09:02:00| Telecompaper Headlines

(Telecompaper) Microsoft maintained solid double-digit growth in its fiscal first quarter to September, thanks to demand for its cloud services as well as consumer products. Revenue rose 12 percent year-on-year to USD 37.2 billion, slowing only slightly from 13 percent growth in the previous quarter. Operating profit was up 25 percent to USD 15.9 billion, and net profit jumped 30 percent to USD 13.9 billion. 

Tags: products growth microsoft consumer

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