Microsoft posts nearly $50B in quarterly revenue, beats expectations due to cloud growth

Microsoft CEO Satya Nadella. (GeekWire File Photo / Kevin Lisota)
Continued growth in cloud revenue boosted Microsoft’s quarterly revenue to $49.4 billion, up 18%, with profits of $16.7 billion, up 8%, beating Wall Street’s expectations with earnings per share of $2.22.
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Link: Microsoft posts nearly $50B in quarterly revenue, beats expectations due to cloud growth
via http://www.geekwire.com

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