Tue, 21-Oct-2025

Microsoft reports surging net income in second quarter

microsoft

SAN FRANCISCO: Microsoft on Tuesday posted revenues of $51.7 billion, a 20 per cent increase on a year-on-year basis for the quarter ending December 31, 2021. The company’s quarterly net income was $18.8 billion, up by 21 per cent year-on-year. Its operating income was up 24 per cent to $22.2 billion. Revenues in productivity and … Read more

Revenue of Huawei rises to $49.6 billion in H1 

huawei

SHENZHEN: Chinese tech giant Huawei’s revenue reached 320.4 billion yuan ($49.6 billion) in the first half of 2021, with a net profit margin of 9.8 per cent, according to the company’s semiannual report released Friday. As for the company’s three main businesses, the carrier business revenue reached 136.9 billion yuan, the revenue from enterprise business … Read more