Microsoft has seen an increase in sales of cloud services and demand for computers

As sales of computers and game consoles have risen, along with the growing dependence on digital services provided by the pandemic in the cloud, Microsoft’s financial performance has been put ahead of expectations in the early months of this year, according to data released late Tuesday.

However, the software company’s shares have fallen 3 percent in post-market trading, leaving strong gains this year.

By the beginning of 2021, they had already jumped 20 percent Microsoft The net winner of the Big Tech business stock market and adding $ 400 billion to its value.

Satya Nadella, CEO, said recent data has shown that the “digital adoption curves” seen since the beginning of the pandemic are not slowing as customers have changed their operations further. Hodei. “They’re accelerating, and it’s just the beginning.”

Microsoft’s revenue rose 19% in the last quarter to $ 41.7 billion, and its earnings per share rose 39 percent to $ 1.95. Wall Street expected $ 41 billion in revenue and $ 1.77 in earnings per share. Based on formal accounting principles, which included a single tax gain, earnings per share were $ 2.03.

Each of Microsoft’s three divisions performed better than expected, with the Cloud Intelligent business experiencing the highest revenue growth of 23%. Azure growth, Microsoft’s cloud computing platform, slowed slightly, although by 46 percent, excluding the impact of currency changes, it was ahead of most forecasts.

The company’s commercial cloud business – the largest measure of demand for digital services provided from its centralized data centers – grew by 33 percent, down from the previous three-month rate.

While new cloud businesses were driving growth, Microsoft’s financial performance also brought out the traditional PC software business and a higher margin. According to research firm Gartner, the number of computers sold worldwide rose more than 30 percent in the quarter. As a result, Microsoft’s revenue from selling Windows to computer makers rose 10%.

With the launch of the new console with a jump of 34 percent in Xbox sales, Microsoft’s Personal Computing Plus department generated revenue of $ 13 billion, up 19%.