Microsoft Shares Up: 'COVID-19 Had Minimal Impact On Revenue'

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Almost every aspect of Microsoft's business benefited from the sudden shift of office workers around the globe to work-from-home arrangements.

Revenue rose 15 percent to $35.02 billion (roughly Rs. 2.62 lakh crores) in the third quarter ending March 31, beating estimates of $33.66 billion (roughly Rs. 2.52 lakh crores).

The personal computing side of the business saw a marginal increase of 3pc compared with this time previous year to $11bn. After reaching supply shortages, for example, laptop orders have rebounded as businesses and consumers bought machines to work from home, an impact that could be shown in Microsoft's fourth-quarter earnings report.

Commercial cloud was the big victor again, but Xbox has also enjoyed substantial growth. The demand influx strained Microsoft's data centers, forcing it to limit new cloud customers' usage and prioritize healthcare and government users.

"Ultimately, Microsoft is not immune from what is going on broadly in the world in terms of GDP growth", Nadella said on a conference call with investors.

Microsoft is better positioned to weather the COVID-19 pandemic than some technology peers because Chief Executive Officer Satya Nadella for years has been moving the company to focus on cloud software. "From remote teamwork and learning, to sales and customer service, to critical cloud infrastructure".

Net income was $10.8 billion, up 22%. That's up 70 percent from 44 million daily active users on March 19, when Microsoft last provided figures on Teams usage.

Bayfield County Health Department confirms first COVID-19 death
That number is more than the combined total of the next four countries with the most cases (Spain, Italy, Germany, France). With no significant travel history, the man developed a fever, dry cough, fatigue and loss of taste, according to Dr.


Microsoft this week also disclosed that Teams-which includes group chat and instant messaging, along with video and audio calling-is now up to 75 million daily active users.

This article was corrected on April 30, 2020 because the original version incorrectly referred to Office 365 as Office 360. Nadella pointed to 258 million paid seats.

Microsoft Thursday disclosed forthcoming updates to its Windows Virtual Desktop offering that aim to bring improvements to deployment, management and security.

Microsoft said revenue for its "commercial cloud", a combination of Azure and the cloud-based versions of software such as Office, rose 39 per cent to $13.3 billion.

The increase in Office 365 use allows revenue to grow 25%.

Microsoft's Surface gadgets recorded a flat Q3, which is probably good news following the drop in global PC shipment due to the pandemic. Similarly, Microsoft saw declines in advertising spending both for search and for the career-related LinkedIn social media network.

However, "we were just at the beginning stages" of rolling out WVD to customers before the COVID-19 crisis began, Microsoft Channel Chief Gavriella Schuster said in a recent interview with CRN.

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