Microsoft's cloud business keeps profits flowing Microsoft last night posted results that showed some strength in the face of a weak economy, buttressed by a cloud business that hit Wall Street … Business • 25 Jan
Microsoft forecasts spook investors as economy bites Microsoft last night projected second-quarter revenue below Wall Street targets across its business units, stoking fear that macroeconomic headwinds are impacting the cloud business in … Business • 26 Oct 22
Microsoft forecasts double-digit revenue growth Microsoft last night forecast double-digit revenue growth for the next fiscal year, driven by demand for cloud computing services, and its shares jumped about 4%. Business • 27 Apr 22
Microsoft sees cloud business growth and supply woes Microsoft has forecast a strong end to the calendar year thanks to its booming cloud business but said supply chain woes will continue to dog … Business • 27 Oct 21
Microsoft's quarterly sales grow on cloud strength Microsoft met analysts' quarterly sales expectations and beat profit estimates, but its shares fell slightly due to some scepticism about one-off benefits included in the … Business • 28 Apr 21
Microsoft earnings rise as pandemic boosts sales Microsoft last night said its Azure cloud computing services grew 50%, the second quarter of acceleration in a business that had begun to slow as … Business • 27 Jan 21
Microsoft reaches for the stars with SpaceX cloud deal Microsoft is partnering with billionaire entrepreneur Elon Musk-led SpaceX and others as it expands its cloud-computing platform into space, the software giant said on Tuesday. Business • 20 Oct 20
Microsoft's cloud revenue regains momentum Microsoft has reported quarterly sales and profit that beat Wall Street expectations on the back of the first acceleration of Azure cloud computing revenue growth … Business • 30 Jan 20
Microsoft tops $1 trillion as it predicts cloud growth Microsoft last night briefly topped $1 trillion in value for the first time after executives predicted continued growth for its cloud computing business. Business • 25 Apr 19
Microsoft's Azure revenue growth slows, shares fall Microsoft last night met Wall Street's targets for its quarterly results and forecast, though Azure cloud computing sales grew more slowly than a year earlier. Business • 31 Jan 19
Microsoft's quarterly profit soars on cloud services Microsoft last night said its profit in the recently ended quarter soared on the back of revenue from services hosted in the internet cloud and … Business • 25 Oct 18
Microsoft to take on Amazon with $7.5 bln GitHub deal Microsoft is to buy privately held coding website GitHub for $7.5 billion in an all-stock deal to beef up its cloud computing business and challenge … Business • 05 Jun 18
Microsoft's cloud computing business grows Microsoft's profit forecast was better than Wall Street's forecast, helped by growth in its cloud computing business, but it took a $13.8 billion one-time charge … Business • 01 Feb 18
