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Microsoft posted fiscal fourth quarter earnings on Wednesday, beating Wall Street expectations on both sales and profit for the past three months amid the economic downturn caused by COVID-19. In fact, it appears many of Microsoft’s various divisions are benefiting from the effects of the pandemic, with the shift to remote work and shelter-in-place orders around the world pushing people toward gaming, video conferencing, and other virtual pastimes.
“The last five months have made it clear that tech intensity is the key to business resilience. Organizations that build their own digital capability will recover faster and emerge from this crisis stronger,” Microsoft CEO Satya Nadella said in a statement. He goes on to say Microsoft is in…tech, The Verge