Microsoft lost $126 million due to its activity reduction in Russian market


July 27, Fineko/ Microsoft Corporation faced operating costs of $126 million because of the decision to leave the Russian market.

ABC.AZ informs with reference to company’s financial report for Q2.

According to the report, Microsoft's quarterly revenue amounted to $51.9 bn (12% more against Q2 of 2021). Microsoft's net profit totaled $16.7 bn, an increase of 2% versus the same term of 2021.