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18.07.2019 23:42
(Act 18.07.2019 23:42)
Microsoft software giant remains on the road to success with its growing cloud services. In the last fiscal quarter (until the end of June), earnings climbed 49% to $ 13.2 billion (11.77 billion euros), as Microsoft Thursday after the US market in headquarters of Redmond (United States). Washington).
This is largely due to a $ 2.6 billion tax credit, but the operating result has also increased by 20%. Microsoft continues to make a fortune with its burgeoning cloud computing business on the internet. The flagship product, the Azure Enterprise Platform, saw its sales increase by 64%.
Overall, the group saw its revenue grow by 12% to $ 33.7 billion. Profits and sales exceeded badysts' expectations. Investors reacted positively: the stock initially increased profits by more than 1% after the stock market. Since the beginning of the year, the price is close to 35%.
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