Microsoft thanks to Cloud and Office with numbers about market expectations

Thanks to a booming business in cloud offerings and office software, Microsoft presented quarterly results that exceeded market expectations. According to the information, sales increased by seven percent to $ 52.9 billion at the beginning of the year, the group announced on Tuesday. That’s about twice as strong as analysts expected. The Azure cloud division even grew by 27 percent. Earnings of $2.45 per share exceeded the forecast of $2.23.

More: Tech Investor Mood Shift – Where Investors See Yield

source site-12