Microsoft’s Earnings Continue to Ride Pandemic-Fueled Demand for Cloud, Videogaming

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Microsoft Corp. expects the pandemic-era surge in demand for cloud-computing services, videogaming and computers that delivered a solid quarter to persist at least through the rest of the year.

The software company on Tuesday said sales rose 12% to $37.2 billion, generating a net profit of $13.9 billion in the first quarter of its fiscal year. The results surpassed Wall Street expectations on revenue and profit for the quarter ending in September.

Revenue…



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