Xbox Series X|S supply issues expected to continue into the summer ); }
Next-generation consoles like the PlayStation 5 and Xbox Series X|S may have launched back in November 2020, but many are still having a hard time finding one available for purchase as console makers struggle to produce enough systems to keep store shelves full.
Around that launch, Xbox exec Tim Stuart theorized that supply might rise and start to approach the demand for the next generation of Xbox hardware by the time Q4 rolled around, but it looks like that prediction won t come to pass.
Microsoft leadership has now confirmed that the shortage driving that scarcity doesn t seem to be resolved quite yet. Speaking during a quarterly investor call, Microsoft CFO Amy Hood shared the company s expectations for the fourth quarter of Microsoft s financial year, set to end just a few months from now.
Updated:
April 28, 2021 14:49 IST
Booming sales in personal computers for working from home have also helped boost the company s Windows operating system business, Microsoft said
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Microsoft s Azure cloud service is closing ground on market-share leader Amazon Web Services, and it is doubling down on productivity software used by businesses worldwide.
| Photo Credit: AFP
Booming sales in personal computers for working from home have also helped boost the company s Windows operating system business, Microsoft said
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Microsoft Corp on Tuesday met analysts quarterly sales expectations and beat profit estimates, but its shares fell slightly as investors hoped for an even stronger performance after a year-long rally to a massive market valuation.
Bumper third quarter for Microsoft as Azure revenue grows 50% year on year theregister.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theregister.com Daily Mail and Mail on Sunday newspapers.
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Microsoft reported impressive growth measures for Power Platform, Dynamics and LinkedIn, while Azure helped drive revenues for the quarter. By Wade Tyler Millward April 28, 2021, 03:48 PM EDT
Microsoft’s Azure cloud platform sales soared as the tech giant’s total revenue hit a record $41.7 billion for its most recent quarter, up 19 percent from a year ago.
The No. 2 cloud provider reported Azure sales were up 50 percent year over year as the COVID-19 pandemic continued to force organizations into digital transformation mode.
“We are building Azure to address organizations‘ needs in a multi-cloud, multi-edge world,” Microsoft CEO Satya Nadella said in a Tuesday call with analysts.
by Staff, wire reports April 28, 2021 .
RESEARCH TRIANGLE PARK – Microsoft’s profits soared during the first three months of 2021, thanks to ongoing demand for its software and cloud computing services during the pandemic.
The company, which is steadily expanding its workforce in the Triangle and North Carolina, on Tuesday reported fiscal third-quarter profit of $14.8 billion, up 38% from the same period last year.
“Over a year into the pandemic, digital adoption curves aren’t slowing down. They’re accelerating, and it’s just the beginning,” said Satya Nadella, chief executive officer at Microsoft. “We are building the cloud for the next decade, expanding our addressable market and innovating across every layer of the tech stack to help our customers be resilient and transform.”