Market

The global technology giant Microsoft Corporation has announced its quarterly profit and revenue report which has proved to be better-than-expected, marking a 10% jump in profit and beating analysts’ estimates. The company’s ever-growing Azure cloud computing services and Office 365 productivity suite have played a major role in this profitability. Microsoft reported earnings of $1.13 per share on $30.09 billion in revenue, a 17.5 percent rise over a year ago that beats Wall Street expectations of $29.21 billion. Microsoft marked $110 billion in revenue for the year, increased by 14 percent from the previous year. We had an incredible year, surpassing $100 billion in revenue as a result of our teams’ relentless focus on customer success and the trust customers are placing in Microsoft,...