Friday, March 29, 2024

The cloud and Office keep Microsoft afloat during PC slump

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Its been clear for a while that a big part of Microsofts future is ensconced in the cloud, and its latest (Q2 2017) earnings report just drives that point home. Wall Street types have been paying close attention to the companys Azure cloud services, and with good reason — Microsoft almost doubled its Azure revenue since this time last year, making up a considerable chunk of the Intelligent Cloud units 8 percent revenue bump.
Wall Street types have been keeping a close eye…
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