The cloud pulls the most. Microsoft increased sales to 1.1 trillion CZK – Archyde

Analysts polled by Refinitiv estimated Microsoft’s revenue at $50.9 billion for the past quarter. The company’s net income for the three-month period ended December 31 increased 21.4 percent to $18.8 billion.

But earnings in the coming quarters will be impacted by Microsoft’s plans for its biggest gaming acquisition. The American company plans to pay 68.7 billion dollars (about 1.5 trillion crowns) for the Activision Blizzard studio. If the entire deal is successful, the American software giant should become the third-largest gaming company in the world, at least in terms of sales. It ranks just behind Tencent and Sony. But the trade has yet to be sanctioned by regulators.

The American software giant will now own a number of big names in the gaming world – at least Call of Duty, World of Warcraft, Diablo, Candy Crush, Tony Hawk, Diablo, Overwatch, Spyro, Hearthstone, Guitar Hero, Crash Bandicoot and Star Ship.

The Microsoft pandemic is looming

The shift to working and learning from home during the pandemic has drawn more users to Microsoft’s office communications software and services like Teams and Office 365. Demand for cloud services from Microsoft and its competitors Amazon and Alphabet has risen sharply.

Revenue from Microsoft’s largest cloud-based segment rose 26 percent to $18.3 billion. Office 365, which covers revenue, rose 19 percent to $15.9 billion in the quarter. PC sales, which include Windows software and the Xbox games console, rose 15 percent to $17.5 billion.

Microsoft shares closed Tuesday’s trading down 2.7 percent. After the close of trading and the release of economic results, they continue to weaken, losing 4.5 percent around 11:45 p.m. CET.

Reference-www.nach-welt.com

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