Technology
Xbox Hardware Revenue Grows as Microsoft Reports Record Earnings – IGN – IGN
Microsoft reports record earnings off the back of cloud enterprise software and boosted by Xbox Series X|S hardware launches.
Microsoft has posted record profits this quarter, including a boom in its gaming sector which has revenues up 51%. The company as a whole posted a record-breaking $43.1 billion in revenue.In the most recent financial earnings report for the period ending on December 31, 2020, Microsoft shared that revenue increased by 17% to reach $43.1 billion and $15 billion in profit.As per the case for the last several quarters, profits were driven by Microsofts cloud platform, but that doesnt mean there werent…
