Microsoft, at long last, is learning
That’s a key takeaway from Microsoft largely positive 2016 Q2 results. Released on Thursday, the numbers are a reflection of Microsoft’s performance during the last holiday season
What we learned is that Microsoft knows how to strengthen its business to make up for weak spots. Despite a declining PC business, a 49% decline in Windows Phone revenue and a near complete lack of color on Xbox Once console sales, analysts and observers are essentially thrilled with the company's results
Why? The answer is, at least partly, in the cloud
Microsoft CEO Satya Nadella told investors that the company has nearly doubled its cloud customers over the past 12 months. The company saw huge gains in its Azure business (an able competitor to Amazon’s Web Services). Azure revenue grew 140% Read more...
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