Microsoft earnings beat expectations, driven by video game sales and cloud demand

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Microsoft reported a solid quarter as the Covid-19 pandemic drove demand for its cloud and video game businesses

The company reported $37.2 billion in revenue for the three months ending in September, well above analysts' predictions of $35.8 billion.Revenue in the intelligent cloud segment reached $13 billion, up 20% from the year-ago period. Personal computing revenue was up 6% to $11.85 billion, seeing a boost from Xbox and Microsoft Surface devices sales."Gaming is one of the largest and fastest-growing forms of entertainment in the world.

Read MoreMicrosoft is at the cusp of releasing its next-generation video game console, the Xbox Series X, and the more budget-friendly Xbox Series S next week. How the consoles sell could impact the tech company's personal computing bottom line next quarter. The two consoles will be competing against Sony's PlayStation 5 and a disc-less, less expensive version of that device.

 

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Tony Bobulinski on Tucker Carlson tonight.His voice has been censored..by the media complex and social media big tech. Do you have first amendment right anymore? Take the time too tune in..

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