Microsoft’s Cloud Business Continues to Boom as Windows Sales Rebound - News Summed Up

Microsoft’s Cloud Business Continues to Boom as Windows Sales Rebound


Microsoft Corp. rode its cloud-computing business to another strong quarter, while sales of its Windows operating system rebounded from recent weakness caused by a scarcity of computer chips that has hurt PC sales. Revenue rose 14% from a year earlier to $30.57 billion for the fiscal third quarter ended March 31, Microsoft said Wednesday, with growth of 41% in its cloud-computing businesses, which now account for almost a third of its sales.


Source: Wall Street Journal April 24, 2019 20:43 UTC



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