Microsoft cloud revenue regains momentum, sending profit above estimates

By on
Microsoft cloud revenue regains momentum, sending profit above estimates

First acceleration of Azure revenue growth in two years.

Microsoft on Wednesday reported quarterly sales and profit that beat Wall Street expectations, driven by the first acceleration of Azure cloud computing revenue growth in eight quarters amid a pitched battle with Amazon's cloud unit. Shares of the world's largest software company hit an all-time ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
alphabet aws azure cloud finance google microsoft microsoft azure

Most Read Articles

Researchers say not to use myGovID until login flaw is fixed

Researchers say not to use myGovID until login flaw is fixed
DOS Subsystem for Linux breaks cover

DOS Subsystem for Linux breaks cover
Optus, Vocus score first deals in ATO telco carve-up

Optus, Vocus score first deals in ATO telco carve-up
NBN Co to spend $3bn upgrading half of FTTN network to full fibre

NBN Co to spend $3bn upgrading half of FTTN network to full fibre
You must be a registered member of iTnews to post a comment.
| Register

Whitepapers from our sponsors

A Migration Guide For Businesses Switching Mobile Device Management Solutions
A Migration Guide For Businesses Switching Mobile Device Management Solutions
Plan your post-COVID security strategy
Plan your post-COVID security strategy
The Executive's Guide To The Future Of Work
The Executive's Guide To The Future Of Work
Government Digital Transformation Requires Customer Obsession
Government Digital Transformation Requires Customer Obsession
Master the fundamentals of AWS cost efficiency
Master the fundamentals of AWS cost efficiency

Events

Log In

Username / Email:
Password:
  |  Forgot your password?