Thursday, 31 January 2019

Microsoft's Azure revenue growth slows in December quarter

(Reuters) - Microsoft Corp's Azure cloud computing platform grew at a slower pace in the December quarter compared with a year earlier, sending shares of the software giant about 2 percent lower in after-hours trade on Wednesday. Azure, Microsoft's flagship cloud product, had revenue growth of 76 percent in the final quarter of 2018, down from a 98 percent surge a year earlier. Microsoft's total revenue climbed 12.3 percent to $32.47 billion

from Latest News Business on Firstpost http://bit.ly/2Rs1Us2

No comments:

Post a Comment