Sunday, April 2, 2023
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home News World News

Microsoft quarterly earnings surge on cloud computing

AFPbyAFP
October 27, 2021, 7:30 am
in World News
Reading Time: 2 mins read
A A
Share on FacebookShare on TwitterShare on Email

Microsoft on Tuesday reported quarterly earnings the blew past market expectations, fueled by demand for cloud computing and Windows-powered machines.

The US tech titan said it made a profit of $20.5 billion in the recently ended quarter on revenue that climbed to $45.3 billion in a 22 percent increase from the same quarter last year.

Microsoft's cloud computing unit generated $20.7 billion in revenue in the quarter, up 36 percent in a similar year-over-year comparison, according to chief financial officer Amy Hood.

"Digital technology is a deflationary force in an inflationary economy," Microsoft chief executive Satya Nadella said in an earnings release.

"Businesses – small and large – can improve productivity and the affordability of their products and services by building tech intensity."

ADVERTISEMENT

The amount of money Microsoft took in from its Windows operating software being built into computers made by electronics companies increased 10 percent despite chip shortages that have vexed that industry, according to the earnings report.

Personal computer (PC) sales — which had been waning in a world increasingly obsessed with smartphones — revived during the pandemic, as users relied more on home internet connections for work, school and social life.

"The PC today is more central than it's ever been," Windows chief product officer Panos Panay said early this month during an AFP interview.

"Working through the pandemic, you start to realize the benefit and power of the larger screen; the keyboard, mouse, touch, pen, voice."

Wedbush analyst Dan Ives expected spending on cloud computing by businesses to rocket in the coming decade, and saw Microsoft as well-positioned to ride the trend.

"With workforces expected to have a heavy remote focus, we believe the cloud shift is just beginning to take its next stage of growth globally," Ives said in a note to investors.

"We believe the strong numbers from Nadella & Co. are a broader indication of strength we expect to see across the enterprise cloud software landscape throughout this earnings season."

Tags: cloud computingDan Ivesdigital technologyMicrosoft
ADVERTISEMENT
AFP

AFP

Related Posts

Biden tells Russia: Release Wall Street Journal reporter

byAFP
April 1, 2023, 5:43 pm
0
8
Southwoods nails Seniors’ Fil golf crown

President Joe Biden called for Russia to release Wall Street Journal reporter Evan Gershkovich, who is being held on espionage...

Read more

Lawyer seeks acquittal for former dictator

byAFP
April 1, 2023, 5:42 pm
0
8
Southwoods nails Seniors’ Fil golf crown

The lawyer of Suriname’s former dictator Desi Bouterse called Friday for a court to acquit him of a 20-year sentence...

Read more

Trump says ‘shocked’ but ‘ready to fight’

byAFP
April 1, 2023, 5:41 pm
0
8
Turtle Islands to get P25-m town hall

Donald Trump’s legal team went on the offensive on Friday following his historic indictment, vowing the former president would never...

Read more

‘I am still alive’: Pope Francis leaves hospital

byAFP
April 1, 2023, 5:40 pm
0
8
Southwoods nails Seniors’ Fil golf crown

Pope Francis left hospital on Saturday after a three-night stay to treat bronchitis, stopping to say hello to well-wishers and...

Read more

Italy blocks chatbot ChatGPT over data

byAFP
April 1, 2023, 5:30 pm
0
8
Southwoods nails Seniors’ Fil golf crown

Italy said on Friday it was temporarily blocking ChatGPT over data privacy concerns, becoming the first western country to take...

Read more

Musk defends paid blue tick for Twitter

byAFP
April 1, 2023, 5:20 pm
0
8
Southwoods nails Seniors’ Fil golf crown

Elon Musk defended his controversial pay model for Twitter, claiming that any social media platform that didn’t follow suit would...

Read more

Print Edition

View More

Recent Posts

  • PepsiCo expands greenhouse accelerator program to APAC
  • Cebuana Lhuillier partners with Advance to press on with financial inclusion mission
  • Couple realizes passion for quality, affordable education with Woodlands International Homeschool
  • Sneakers for Makati : AB4.0
  • PH to meet EU standards on seafarers
  • NAIA passenger surge to hit 1.2m during long Holy Week holiday
  • Teves not returning home until wish list is met—lawyer
  • Majority of Pinoys back Maharlika Fund—survey

Advertisement

Latest News

NAIA passenger surge to hit 1.2m during long Holy Week holiday

byJoel E. Zurbano
April 2, 2023, 1:30 am
0
8
Turtle Islands to get P25-m town hall

Airport officials are expecting passenger traffic to reach 140,000 daily at the country’s premier gateway beginning this weekend until the...

Read more

Teves not returning home until wish list is met—lawyer

byMaricel Cruz
April 2, 2023, 1:20 am
0
8
Turtle Islands to get P25-m town hall

Suspended Negros Oriental 3rd District Rep. Arnolfo Teves Jr. is not returning home yet despite appeals from President Ferdinand Marcos...

Read more

Majority of Pinoys back Maharlika Fund—survey

byMaricel Cruz
April 2, 2023, 1:10 am
0
8
Vax wastage, infection surge feared in Odette-hit areas

Majority of Filipinos support the administration’s proposed Maharlika Investment Fund, the non-commissioned Pahayag Quarter 1 survey conducted by PUBLiCUS Asia...

Read more

2 Fil-Am soldiers, 7 others die in chopper crashes in Kentucky

byAFP
April 2, 2023, 1:00 am
0
8
Vax wastage, infection surge feared in Odette-hit areas

Nine American Army soldiers, among them two of Filipino descent, were reported killed on Wednesday in helicopter crashes that marred...

Read more

BI to stop using departure forms under expanded eTravel scheme

byVito Barcelo
April 2, 2023, 12:50 am
0
8
Koreans top list of fugitive aliens captured by BI

The Bureau of Immigration (BI) will discontinue the use of paper-based departure cards starting May 1. In an advisory, BI...

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Technology
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • MS ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Gallery
    • Photos
    • Videos
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Pets
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App