Microsoft rides cloud to higher earnings

San Francisco (AFP) – Microsoft on Tuesday said its profit in the recently ended quarter continued to soar as the pandemic boosted a trend toward business being taken care of in the internet cloud.The US technology titan’s profit rose to $13.9 billion, up 30 percent from the same quarter last year, according to earnings figures.Revenue in the quarter climbed 12 percent to $37.2 billion.”Demand for our cloud offerings drove a strong start to the fiscal year,” said Microsoft chief financial officer Amy Hood.Microsoft took in $15.2 billion in revenue from cloud computing offerings for businesses,…

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