{"id":98941,"date":"2020-10-27T22:43:00","date_gmt":"2020-10-27T19:43:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/microsoft-earnings-easily-top-expectations-as-cloud-videogames-continue-to-shine-during-pandemic\/"},"modified":"2020-10-27T22:43:00","modified_gmt":"2020-10-27T19:43:00","slug":"microsoft-earnings-easily-top-expectations-as-cloud-videogames-continue-to-shine-during-pandemic","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/microsoft-earnings-easily-top-expectations-as-cloud-videogames-continue-to-shine-during-pandemic\/","title":{"rendered":"#\n  Microsoft earnings easily top expectations as cloud, videogames continue to shine during pandemic"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a27e2655acc0\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a27e2655acc0\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/microsoft-earnings-easily-top-expectations-as-cloud-videogames-continue-to-shine-during-pandemic\/#Microsoft_reports_a_beat_across_all_three_segments_ahead_of_new_Xbox_launch\" >Microsoft reports a beat across all three segments ahead of new Xbox launch<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/microsoft-earnings-easily-top-expectations-as-cloud-videogames-continue-to-shine-during-pandemic\/#Microsoft_Corp_reported_fiscal_first-quarter_earnings_Tuesday_afternoon\" >Microsoft Corp. reported fiscal first-quarter earnings Tuesday afternoon.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/microsoft-earnings-easily-top-expectations-as-cloud-videogames-continue-to-shine-during-pandemic\/#Jeremy_C_Owens\" >Jeremy C. Owens<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#<br \/>\n  Microsoft earnings easily top expectations as cloud, video<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a>s continue to shine during pandemic<br \/>\n<\/strong>&#8221;<\/p>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\"><span class=\"ez-toc-section\" id=\"Microsoft_reports_a_beat_across_all_three_segments_ahead_of_new_Xbox_launch\"><\/span>\n  Microsoft reports a beat across all three segments ahead of new Xbox launch<br \/>\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\">\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0000047033\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\">\n<div class=\"barrons-main-article-ad-target sticky_target body_ad\" aria-hidden=\"true\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div data-layout=\"inline\n              \" data-layout-mobile=\"\" class=\"\n        media-object\n        type-InsetMediaIllustration\n          inline\n  article__inset\n        article__inset--type-InsetMediaIllustration\n          article__inset--inline\n  \"><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        renoImageFormat-\n        img-inline\n        article__inset__image\n      \" itemscope itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<div style=\"padding-bottom:65.859375%;\" data-mobile-ratio=\"65.859375%\" data-layout-ratio=\"65.859375%\" data-subtype=\"\" class=\"image-container  responsive-media article__inset__image__image\">\n        <img decoding=\"async\" srcset=\"https:\/\/images.mktw.net\/im-250503?width=140&amp;size=1.5183867141162515 140w,\nhttps:\/\/images.mktw.net\/im-250503?width=540&amp;size=1.5183867141162515 540w,\nhttps:\/\/images.mktw.net\/im-250503?width=620&amp;size=1.5183867141162515 620w,\nhttps:\/\/images.mktw.net\/im-250503?width=700&amp;size=1.5183867141162515 700w,\nhttps:\/\/images.mktw.net\/im-250503?width=860&amp;size=1.5183867141162515 860w,\nhttps:\/\/images.mktw.net\/im-250503?width=1260&amp;size=1.5183867141162515 1260w\" sizes=\"(max-width: 140px) 100px,\n(max-width: 540px) 500px,\n(max-width: 620px) 580px,\n(max-width: 700px) 660px,\n(max-width: 860px) 820px,\n1260px\" src=\"https:\/\/images.mktw.net\/im-250503?width=620&amp;size=1.5183867141162515\" data-enlarge=\"https:\/\/images.mktw.net\/im-250503?width=1260&amp;size=1.5183867141162515\" alt=\"\" title=\"Microsoft Corp. reported fiscal first-quarter earnings Tuesday afternoon.\"><\/div><figcaption class=\"wsj-article-caption article__inset__image__caption\" itemprop=\"caption\">\n<h4 class=\"wsj-article-caption-content\"><span class=\"ez-toc-section\" id=\"Microsoft_Corp_reported_fiscal_first-quarter_earnings_Tuesday_afternoon\"><\/span>Microsoft Corp. reported fiscal first-quarter earnings Tuesday afternoon.<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>      <span class=\"wsj-article-credit article__inset__image__caption__credit\" itemprop=\"creator\"><br \/>\n            (Agence France-Presse\/Getty Images)<br \/>\n          <\/span><br \/>\n  <\/figcaption><\/figure>\n<\/div>\n<p>       Microsoft Corp. easily topped earnings and sales expectations with a Tuesday report, as all three of its core segments grew strongly amid demand for cloud services and videogames during the COVID-19 pandemic. <\/p>\n<p> Microsoft<br \/>\n        MSFT,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/207732364\/composite\" class=\"positive\">+1.50%<\/bg-quote><br \/>\n       reported fiscal first-quarter earnings Tuesday of $13.9 billion, or $1.82 a share, up from $1.38 a share a year ago. Revenue reached $37.2 billion, up from $33.06 billion a year ago. Analysts on average expected earnings of $1.54 a share on sales of $35.76 billion, according to FactSet.<\/p>\n<div class=\"paywall\">\n       Microsoft stock rose slightly in after-hours trading im<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>tely following the release of the results, after closing with a 1.5% gain at $213.25. Shares have gained 35.3% so far this year, as the Dow Jones Industrial Average<br \/>\n        DJIA,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210598065\/realtime\" class=\"negative\">-0.80%<\/bg-quote><span>,<\/span><br \/>\n       which counts Microsoft as a component, has declined 1.2%.<\/p>\n<p><strong>Read: The best day of the year for the stock market is almost here<\/strong> <\/p>\n<p>Much of the excitement about Microsoft has focused on its cloud ambitions and gains in recent years, as its Azure cloud-computing offering has grown into a legitimate challenger to Amazon.com Inc.\u2019s<br \/>\n        AMZN,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210331248\/composite\" class=\"positive\">+2.47%<\/bg-quote><br \/>\n       Amazon Web Services. Microsoft reported first-quarter revenue in its \u201cIntelligent Cloud\u201d segment \u2014 which includes Azure as well as server sales and other business \u2014 of $12.99 billion, up from $10.85 billion a year ago and topping the average analyst estimate of $12.73 billion. <\/p>\n<p>\u201cDemand for our cloud offerings drove a strong start to the fiscal year with our commercial cloud revenue generating $15.2 billion, up 31% year over year,\u201d Chief Financial Officer Amy Hood said in Tuesday\u2019s <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> release.<\/p>\n<p>Microsoft said that Azure revenue increased 48%, the only breakout information the company provides on that key product even though main competitors Amazon and Alphabet Inc.\u2019s Google<br \/>\n        GOOGL,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/202490156\/composite\" class=\"positive\">+0.92%<\/bg-quote><\/p>\n<p>        GOOG,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/205453964\/composite\" class=\"positive\">+0.86%<\/bg-quote><br \/>\n       report their cloud-computing revenue totals. Wedbush analyst Dan Ives said ahead of the report he expected Azure to post gains \u201cin the 50% range,\u201d and predicted a \u201cbeat and raise\u201d quarter for Microsoft.<\/p>\n<p>\u201cIn many cases we are seeing enterprises accelerate their digital transformation and cloud strategy with Microsoft by 6 to 12 months as the prospects of a heavy remote workforce for the foreseeable future now looks in the cards with this COVID-19 backdrop,\u201d Ives wrote last week. \u201cWhile we have seen the momentum of this backdrop in the last few quarters, we believe deal flow looks strong heading into FY21 as we estimate that Microsoft is only ~35% through penetrating its unparalleled installed base on the cloud transition.\u201d <\/p>\n<p>While investors have focused on cloud and other enterprise products for Microsoft, consumers are coming back into view with this report. The COVID-19 pandemic spurred a surge in personal-computer sales in recent months, and Microsoft will launch the newest Xbox videogame console next month.<\/p>\n<div id=\"cx-membership-tile\"><\/div>\n<p>Microsoft reported sales of $11.85 billion in the \u201cMore Personal Computing\u201d segment, which includes PC and Xbox revenue. That is up from $11.13 billion in the same period a year ago, and ahead of the average analyst estimate of $11.18 billion. <\/p>\n<p>The company said that revenue from Xbox content and services jumped 30% from last year during the quarter, after sales were flat a year ago by the same measure. Videogames have been growing strongly during the pandemic, with Microsoft reporting a 65% increase in Xbox-related revenue last quarter, and the release of the new Xbox is expected to juice that growth even more.  <\/p>\n<p><strong>See also:  Videogames are about to get more expensive for the first time in 15 years<\/strong> <\/p>\n<p>Expectations for holiday sales of the new Xbox <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">Series<\/a> X and Series S consoles will be baked into Microsoft\u2019s guidance for the current quarter. The company typically shares its forecast on its quarterly conference call, which is scheduled for 5:30 p.m. Eastern time Wednesday.<\/p>\n<p>Microsoft\u2019s other segment \u2014 \u201cProductivity and Business Processes,\u201d which comprises cloud-software offerings such as its Office suite and LinkedIn \u2014 reported revenue of $12.32 billion. That is up from $11.08 billion a year ago and beats the average analyst estimate of $11.79 billion, according to FactSet.<\/p><\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"byline article__byline\">\n<p>      <span>By<\/span><\/p>\n<div class=\"author  hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"Jeremy C. Owens\",\"subhead\":\"The Wall Street Journal\",\"list\":[]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"Jeremy_C_Owens\"><\/span>Jeremy C. Owens<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/p><\/div>\n<\/div>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener noreferrer\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"http:\/\/www.marketwatch.com\/news\/story.asp?guid=%7B21004575-02D4-D4B5-4572-DB7B90573361%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener noreferrer\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Microsoft earnings easily top expectations as cloud, videogames continue to shine during pandemic &#8221; Microsoft reports a beat across all three segments ahead of new Xbox launch Microsoft Corp. reported fiscal first-quarter earnings Tuesday afternoon. (Agence France-Presse\/Getty Images) Microsoft Corp. easily topped earnings and sales expectations with a Tuesday report, as all three of&#8230;<\/p>\n","protected":false},"author":1,"featured_media":98942,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-98941","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/98941","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=98941"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/98941\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/98942"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=98941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=98941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=98941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}