Cloud-Computing

‘Cloud’ Lifts Microsoft Earnings Above Expectations

Comments Off on ‘Cloud’ Lifts Microsoft Earnings Above Expectations 5

Microsoft Corp reported higher-than-expected quarterly revenue, helped by stronger sales of its phones, Surface tablets and cloud-computing products for companies, while keeping its profit margins largely intact.

The results on Thursday allayed fears of investors in recent days that the industry shift toward lower-margin cloud services was proving hard for established technology leaders to master.

Microsoft shares, which have climbed 33 percent over the past year, rose another 3 percent in after-hours trading to $46.36. Original post at ET Telecom

Wahengbam Rorrkychand

View all contributions by Wahengbam Rorrkychand

Website: http://www.blog.tonsetelecom.com

Similar articles

Get in Touch

Phone: +91 80 4093 6921
Web: www.tonsetelecom.com

NewsLetter