Microsoft increased all key indicators
Microsoft today also reported for its next financial quarter. The second quarter of the 2024 financial year has ended for it.
It’s worth starting with a very unusual point in the report. Last quarter, as it turned out, the gaming business brought in more money for Microsoft than Windows!
To be more precise, revenue from games amounted to 7.11 billion dollars, and Windows brought the company 5.26 billion. Of course, this became a reality thanks to the purchase of Activision Blizzard, which brings in a lot of money.
In general, Microsoft earned $62 billion in the quarter compared to $52.7 billion a year earlier. Operating profit increased from 20.4 to 27 billion dollars, and net profit — from 16.4 to 21.9 billion. Microsoft still remains the most valuable company in the world with a capitalization of $3 trillion, while Apple's capitalization has dropped to 2.87 trillion.