Slower growth in Microsoft cloud business casts shadow over results

Jefferies analyst Brent Thill said Microsoft’s results “were strong across the board with nearly all key metrics beating consensus.”

“Azure came in at 59% and consensus was at 60%,” he said. “Other than that, it was a good quarter, but if you want to throw rocks at it, that is how you would do it.” Windows results were boosted by 19% revenue growth for business computers, which was offset by a 7% decline for consumer PCs. Net income rose 21% to $10.68 billion, or $1.38 per share, while total revenue rose 14% to $33.06 billion.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Microsoft beats on revenue and earnings; stock is little changedMicrosoft beat expectations on the top and bottom lines, but Azure cloud growth slowed down. God damn it amazon and visa better save everyone tomorrow
Fuente: CNBC - 🏆 12. / 72 Leer más »

LIVE: Here come Microsoft's earningsMicrosoft's cloud business will be at the center of the action.
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »

Humana and Microsoft ink a 7-year deal to upgrade digital tools for Medicare Advantage - Business InsiderHumana and Microsoft ink a seven-year deal to improve the insurer's digital health infrastructure with Microsoft Azure cloud, AI, and voice tech.
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »