Microsoft posted strong second quarter figures, showing a sizable increase to both revenues and profits as a shift to remote working continues.
Revenues surged by 17 percent year on year to $43.1 billion while operating income grew by 29 percent to $17.9 billion.
In a webcast following the results, CEO Satya Nadella told investors that we are amid “the dawn of a second wave of digital transformation sweeping every company and every industry”.
The figures showed that Azure, Dynamics 365 and Office 365 were boosted by work from home economy and this lifted Microsoft’s second quarter and highlighted the strength of its cloud offerings.