Microsoft’s Profit Rises, Buoyed by Cloud Business - News Summed Up

Microsoft’s Profit Rises, Buoyed by Cloud Business


Microsoft Corp. is securing its spot as the second most important cloud-computing company. The software giant Thursday posted big fiscal second-quarter gains in its web-based, on-demand computing business, emerging as the stiffest competitor to Amazon.com Inc.’s market-leading cloud unit. Revenue for Microsoft’s Intelligent Cloud...


Source: Wall Street Journal January 26, 2017 21:25 UTC



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