Microsoft Q4 2020 earnings: $38 billion in revenue, beating expectations

[Windows Central]

Analysts averages pegged Microsoft's expected earnings at around $36.5 billion.
[h=2]What you need to know[/h]

• Microsoft brought in $38 billion in revenue during Q4 2020.
• That's up 13 percent over the same period last year.
• Microsoft's commercial cloud business surpassed $50 billion in annual revenue for the first time.

Microsoft today reported its earnings results for the fourth quarter of its 2020 fiscal year. In all, Microsoft says it brought in $38 billion in revenue, which is up 13 percent over the same period last year. Operating income landed at 13.4 billion, up eight percent year-over-year.

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