Despite the coronavirus crisis, the U.S. Microsoft recorded positive results in both earnings and net profit in the second quarter of this year, exceeding Wall Street’s expectations.
Microsoft announced on the 27th (local time) that its net earnings per share reached $2.17 in the second quarter (four quarters based on MS itself), up 49% year-on-year. This exceeds market expectations of 1.92 dollars.
During the same period, sales also increased 21% year-on-year to $46.15 billion, exceeding market expectations of $44.24 billion. Operating profit rose 42% year-on-year to $19.1 billion.
Sales in the MS cloud sector, centered on Azure, rose 30% year-on-year to $17.38 billion, leading to positive performance.
Sales of cloud services that compete with Amazon AWS grew 51% in the second quarter of this year, surpassing market forecasts (45.3%), and continued to grow at a high speed following the first quarter (50%).
“Commercial clouds, games, and security are driving overall growth,” said MS CEO Satya Nadella. “Linked India, a subsidiary acquired in 2016, has also continued to have annual sales exceeding $10 billion over the past three years.”
