Microsoft’s Q2 Azure revenue up 50%, commercial cloud run rate at $66.8 billion; forecast tops consensus

Here’s a look at how the cloud leaders stack up, the hybrid market, and the SaaS players that run your company as well as their latest strategic moves. Microsoft’s second quarter blew by expectations as its commercial cloud sales surged 34% en route to a $66.8 billion annual revenue run rate. The company forecast revenue this quarter, moreover, as much as $2.5 billion higher than Wall Street’s expectations.

Link: Microsoft’s Q2 Azure revenue up 50%, commercial cloud run rate at $66.8 billion; forecast tops consensus
via http://www.zdnet.com

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