Microsoft reports $35 billion in revenue, Covid-19 had minimal impact on revenue

Microsoft today reported earnings for its third fiscal quarter of 2020, including revenue of $35 billion, and a net income of $10.8 billion.

The company said that the Covid-19 pandemic had “minimal net impact on total company revenue.”

“We’ve seen two years’ worth of digital transformation in two months. From remote teamwork and learning to sales and customer service, to critical cloud infrastructure and security—we are working alongside customers every day to help them adapt and stay open for business in a world of remote everything,” CEO Satya Nadella said in a statement. “Our durable business model, diversified portfolio, and differentiated technology stack position us well for what’s ahead.”.