Microsoft reports rising revenue and profits, despite war and inflation.

Despite uncertainty over inflation and the war in Ukraine, Microsoft on Tuesday announced financial results that showed little risk to the fundamentals of its business.

Microsoft said it sold $ 49.4 billion in the first three months of the year, up 18 percent from a year earlier. Profits rose 8 percent to 16.7 billion.

Microsoft, like many tech companies, saw an epidemic increase in demand, but unlike Netflix and others, it has continued to grow. Microsoft executives say it is offering its customers “sustainable” ways to evolve in the digital age that will simply increase the use of technology – and mean more business for the company.

“From now on, digital technology will be the key input that powers the world’s economic output,” Satya Nadella, the company’s chief executive, said in a statement.

Revenue from Microsoft’s cloud offerings for commercial customers, including its Azure computing platform and Office 365 subscriptions, rose 32 percent to $ 23.4 billion.

Azure, its flagship cloud computing product, grew 46 percent.

Russia’s share of Microsoft’s revenue is less than 1 percent, Amy Hood, the company’s finance chief, said in March, and that when Russia invaded Ukraine, some analysts initially feared the tide would not turn. For example, Bank of America recently wrote that in an investigation with Microsoft’s partners, it “did not notice a reduction in war-prompted spending across Europe more broadly.”

Microsoft’s personal computing business grew 11 percent to $ 14.5 billion, with sales of its Windows operating system growing 11 percent on newer computers installed, a sign that inflation has not hurt purchases.

For the first time, Microsoft’s results include the artificial-intelligence software company Nuance, which the company bought in a $ 16 billion deal that closed in early March.

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