Since Chief Executive Satya Nadella took over in 2014, Microsoft has been shifting away from its Windows operating system software and toward cloud services, in which customers move their computing work to data centers managed by Microsoft.
Cloud growth powered Microsoft’s market value past $1 trillion for the first time in April. On Thursday, Microsoft’s Azure-based business segment for the first time ever reported slightly more quarterly revenue than its Windows-based segment. Microsoft has also gained ground in the past year by bundling its Azure computing service for developers along with Office and other software products for end users, such as in the more than $2 billion cloud deal it signed with AT&T Inc earlier this week.
Revenue in Microsoft’s productivity software unit jumped 14.3% to $11.05 billion, driven by double-digit revenue growth for LinkedIn and Office 365. Analysts on average had expected revenue of $10.71 billion, according to IBES data from Refinitiv.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Business Maverick: A R1.2bn pot of toxic soup at EOHEight people. That’s all. Eight people out of EOH’s staff of 11,500 put the entire organisation at risk through a systematic process of fraud, corruption and bribery that saw R1.2bn of irregular payments flow out of the company between 2014 and 2017. The company believes it has stemmed the rot.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
Business Maverick: Reserve Bank is likely to cut rates, but how low can it go?The SA Reserve Bank is widely expected to cut rates this week, with most economists expecting a 25 basis point cut. With a stagnant economy, there should be a lot more room for monetary loosening, but there probably isn’t, given the economy’s structural challenges.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
Business Maverick: Investors Gorge on African Bonds, But They’re Dodging Its StocksAfrican local bonds are on a tear as investors flock to riskier assets. But the continent’s stocks are missing out, despite being much cheaper than their emerging-market peers.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
Business Maverick: Netflix Stock Plunges as Customers Fall on Price HikeNetflix Inc. shocked investors by reporting a drop in U.S. customers and much slower growth overseas, raising fears that the streaming giant is losing momentum just as competitors prepare to pounce.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
Business Maverick: Thursday, June 18: Five Things You Need to Know to Start Your DayAsian stocks are poised for a downer amid mixed U.S. corporate earnings and lingering trade tension. A China investor who’s beaten almost all of his peers is betting big on Kong Kong. And Iran says it could shut the Strait of Hormuz if it wants to. Here are some of the things people in markets are talking about today.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »
Business Maverick: G7 finance chiefs pour cold water on Facebook’s digital coin plansGroup of Seven finance chiefs cast a cloud over prospects for Facebook's Libra digital coin on Wednesday, insisting tough regulatory problems would have to be worked out first.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »