Microsoft’s cloud business is booming
October 24, 2015Grazed from DispatchTimes. Author: Editorial Staff.
Enterprise support services revenues posted 16 percent growth, while demand and revenue for Azure compute more than doubled. It is expected to report earnings per share of 58 cents on revenue of $20.96 billion, according to a Thomson Reuters consensus estimate. Windows sales to computer makers were also 6 percent lower, as the launch of Windows 10 had yet to gain pace, and phone revenue fell 54 percent at constant exchange rates, as Microsoft scaled back its presence in the market…
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