Friday 21 October 2016

Microsoft’s cloud business bets pay off in Q1 as stock hits an all time high

microsoft-earnings Microsoft today reported earnings for its first fiscal quarter of 2017 (because fiscal quarters don’t have to correlate with the all-governing force of time). Long story short: Azure and other office-based products are fueling revenue growth, as Microsoft mostly gives up on mobile. Also of note: Shares popped to above $60 in after-hour trading on news of strong growth in the cloud… Read More
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