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

Sponsored Whitepapers

Is the technology refresh dead?
Is the technology refresh dead?
DevSecOps: A framework for digital innovation
DevSecOps: A framework for digital innovation
Encryption: Protect your most critical data
Encryption: Protect your most critical data
Overcoming data security challenges in a hybrid, multicloud world
Overcoming data security challenges in a hybrid, multicloud world
Move beyond passwords
Move beyond passwords

Events

Most Read Articles

Vodafone hit by nationwide 4G outage

Vodafone hit by nationwide 4G outage
Aussie Broadband to white label its services

Aussie Broadband to white label its services
ATO loses its cyber security chief

ATO loses its cyber security chief
Virgin Australia rebuilds its IT leadership team

Virgin Australia rebuilds its IT leadership team
You must be a registered member of iTnews to post a comment.
| Register

Log In

Username / Email:
Password:
  |  Forgot your password?