{"id":4507,"date":"2022-01-25T22:36:39","date_gmt":"2022-01-25T21:36:39","guid":{"rendered":"http:\/\/costops.com\/index.php\/2022\/01\/25\/microsoft-beats-expectations-with-18-8bn-profit\/"},"modified":"2022-01-25T22:36:39","modified_gmt":"2022-01-25T21:36:39","slug":"microsoft-beats-expectations-with-18-8bn-profit","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2022\/01\/25\/microsoft-beats-expectations-with-18-8bn-profit\/","title":{"rendered":"Microsoft beats expectations with $18.8bn profit"},"content":{"rendered":"<p>The software company\u2019s success can be attributed to its cloud computing business<\/p>\n<p>Microsoft reported a profit of $18.8bn for the last three months of 2021, ahead of analysts expectations, but its share price initially slumped over 5% after another rocky day on Wall Street.<\/p>\n<p>The Seattle-based software giant reported revenues of $51.7bn, an increase of 20% compared to the same period last year and ahead of expectations. But the news was not enough to impress investors who appear to have soured on the tech sector after a historic boom in share prices during the pandemic.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2022\/jan\/25\/microsoft-quarterly-earnings-revenue-tech\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/f114cbc03f68fb948b4806bd1f1e8bc311055313\/0_220_3500_2101\/master\/3500.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=ccb2c15c1c2fc4f9ac797179377759a4\" title=\"Microsoft beats expectations with $18.8bn profit\" \/>The software company\u2019s success can be attributed to its cloud computing business<br \/>\nMicrosoft reported a profit of $18.8bn for the last three months of 2021, ahead of analysts expectations, but its share price initially slumped over 5% after another rocky day on Wall Street.<br \/>\nThe Seattle-based software giant reported revenues of $51.7bn, an increase of 20% compared to the same period last year and ahead of expectations. But the news was not enough to impress investors who appear to have soured on the tech sector after a historic boom in share prices during the pandemic. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The software company\u2019s success can be attributed to its cloud computing business Microsoft reported a profit of $18.8bn for the last three months of 2021, ahead of analysts expectations, but its share price initially slumped over 5% after another rocky day on Wall Street. The Seattle-based software giant reported revenues of $51.7bn, an increase of &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2022\/01\/25\/microsoft-beats-expectations-with-18-8bn-profit\/\"> <span class=\"screen-reader-text\">Microsoft beats expectations with $18.8bn profit<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":4508,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/4507"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=4507"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/4507\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/4508"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=4507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=4507"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=4507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}