Microsoft is still a relentless money-making machine
As usual, Microsoft’s latest earnings report for Q1 2021 paints a rosy picture. The company reported earnings of $37.2 billion, up 12 percent from last year, with a net profit of $13.9 billion, an impressive 30 percent jump. The big takeaway: The pandemic isn’t hurting Microsoft at all — in fact, it’s likely pushing the company’s successful cloud and computing offerings even further. The company says its overall cloud business was up 20 percent, reaching $13 billion, and its productivity and business processes group, which includes Office, rose 11 percent to reach $12.3 billion.
During Microsoft’s last earnings report, we noted
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