Microsoft Azure revenue growth slows in Q2

Microsoft Azure revenue growth slows in Q2

5 years ago
Anonymous $Dftgs0JzgE

https://techcrunch.com/2019/01/30/microsoft-azure-revenue-growth-slows-in-q2/

Microsoft announced its quarterly earnings today. For the most part, those earnings came in around Wall Streets expectations, without any major surprises and a total revenue of $32.5 billion. Given the company’s bets on cloud computing, what’s maybe most important, though, is that Azure recorded revenue growth of 76 percent. That’s the same growth the company booked in the last quarter and still respectable growth, but depending on your perspective, you can also read it as growth flatting out.

“Our strong commercial cloud results reflect our deep and growing partnerships with leading companies in every industry including retail, financial services, and healthcare,” said Satya Nadella, CEO of Microsoft. “We are delivering differentiated value across the cloud and edge as we work to earn customer trust every day.”

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