Microsoft Q2 report shows major growth

Last week Microsoft made headlines with its planned acquisition of Activision Blizzard in the largest deal of the gaming industry and today we get the company’s FY22 Q2 results that cover the quarter ending on December 31, 2021. Microsoft managed $51.7 billion in revenues and a net income of $18.8 billion both representing 20% increases over 2020 values for the same period. Growth was observed across Microsoft’s key product groups - Office, cloud services and Windows. Office commercial products and cloud services revenue rose 14% with Office 365 seeing 19% growth. The productivity and...

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