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Microsoft Reaps the Rewards of the Stay at Home Phenomena
 
Microsoft reported better-than-expected quarterly earnings as Microsoft’s cloud computing business, “productivity” segment (think Microsoft Office and LinkedIn), and personal computing division (think Xbox and Windows) have been in high demand. All three divisions – which make up roughly a third of sales each – did better than expected, with the cloud business even growing faster than it did the quarter before. Even with the poor sales results of the Duo, which Microsoft didn’t mention. Put it all together, and Microsoft’s profit beat expectations too. The company’s been on a long run of form, only falling short of analysts’ expectations four times since 2010. The pandemic hasn’t just boosted demand for Microsoft’s products: it’s lowered its operating costs too. Microsoft’s share price is now just shy of all-time highs, and there isn't a single analyst at a major investment bank who recommends selling the stock.