- by foxnews
- 31 Jan 2025
Microsoft beats expectations with $18.8bn profit
Microsoft beats expectations with $18.8bn profit
- by theguardian
- 28 Jan 2022
- in technology
1.6 k views
Microsoft reported a profit of $18.8bn for the last three months of 2021, ahead of analysts expectations, but its share price initially slumped over 5% after another rocky day on Wall Street.
The Seattle-based software giant reported revenues of $51.7bn, an increase of 20% compared to the same period last year and ahead of expectations. But the news was not enough to impress investors who appear to have soured on the tech sector after a historic boom in share prices during the pandemic.
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