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

Microsoft becomes the second company to achieve $2 trillion market value

Microsoft becomes the second company to achieve $2 trillion market value

Microsoft suddenly became the second in the United States to have a $2 trillion market value as its shares increased 1.2% in New York, only to fall just pennies short at close. Microsoft is now only second in ranking after Apple; Apple achieved the milestone in 2020. The only other company in the world with … Read more