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The logic being, as businesses sought to become more efficient as costs rise, they’d flock to Microsoft’s software products like its cloud-based computer power.
Last quarter, revenue rose 20% to $45.3bn, ignoring the effect of exchange rates, which was faster than market expectations.
Puppies and kittens tend to need the most attention when they’re very young, so if the pet-boom has slowed, we wonder if like-for-likes have started to temper at all.
The group’s done a lot to help keep retention and vacancies at acceptable levels, but it’s something worth keeping an eye on.
Following periods of hefty restrictions, the return of customers to bars and restaurants should be positive for the on-trade sales numbers.
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