
Microsoft announced its balance sheet for the October-December period of last year.
Technology and software giant Microsoft announced that its net profit and revenue increased in the October-December period of last year.
The company’s net profit increased by 21 percent in the October-December period of last year compared to the same period of the previous year, reaching $18.8 billion. The firm’s net profit was $15.5 billion in the same period of the previous year.
The company’s earnings per share also rose from $2.03 to $2.48 during this period.
Microsoft’s revenue increased by 20 percent from $43.1 billion to $51.7 billion in the period mentioned above.