Microsoft has posted record profits this quarter, including a boom in its gaming sector which has revenues up 51%. The company as a whole posted a record-breaking $43.1 billion in revenue. In the most recent financial earnings report for the period ending on December 31, 2020, Microsoft shared that revenue increased by 17% to reach $43.1 billion and $15 billion in profit. As per the case for the last several quarters, profits were driven by Microsoft’s cloud platform, but that doesn’t mean there weren’t other successful ventures. [widget path="global/article/imagegallery" parameters="albumSlug=confirmed-xbox-series-x-games&captions=true"] Hardware saw the biggest growth thanks to the launch of the Xbox Series X|S.
Comment on Xbox Series X|S Sales Boost Microsoft's Record Earnings
Matt T.M. Kim, IGN
Tue, 01/26/2021 - 3:46pm
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