Microsoft has presented better quarterly figures than had been expected by stock market analysts. The COVID – 19 – pandemic is driving the high-margin cloud business. Nevertheless, the share fell in after-hours trading. The reason should be the outlook for the current quarter – institutional investors had hoped for a little more.

That Microsoft’s first quarter of fiscal year 2021 is already on 30. September 2020 ended. In the three months Microsoft 37 turned over 2 billion US dollars, which is an eighth more than in the first quarter 2020. The operating profit rose by a quarter to 15, 9 billion dollars, the net profit even by 30 percent on 13, 9 billion dollars. This emerges from Microsoft’s quarterly figures published Tuesday evening. Microsoft’s quarterly figures

CEO Nadella emphasized the use of Microsoft Teams’: In half a year the number of daily users will be increased by half to last 115 million. With the start of the current financial year 2021 Microsoft has doubled the accounting life expectancy on its own servers from two to four years. This reduces the corresponding depreciation and thus increases operating and net profit without any real changes.

All divisions are growing The group currently reports its finances in three divisions: Productivity and Business Processes, More Personal Computing, and Intelligent Cloud. Microsoft provides online services in all three divisions. The latter division shows the strongest sales growth with 20 percent and has developed from the third largest to the largest sales driver. This includes the Azure range, whose sales have increased by almost half in one year. Intelligent Cloud increased its operating profit 39 percent and reached 5.4 billion dollars.

The second largest revenue generator is Productivity and Business Processes ( + 1% to 12. $ 3 billion. Operating profit is almost a fifth higher ($ 5.7 billion). Herein Microsoft offers Office, LinkedIn and Dynamics are included.

More Personal Computer increased sales by six percent (11, $ 8 billion) and in net profit by 18 percent (4.7 billion This division is the only area reported by Microsoft whose sales are declining: the business with OEM licenses for Windows has shrunk by five percent, advertising revenues from the search engine business by ten percent. The latter is the second quarter in a row clearly declining. Surface and Xbox, however, have increased significantly (+ 37%