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October 20, 2016 08:41 pm GMT

Microsofts cloud business bets pay off in Q1 as stock hits an all time high

microsoft-earningsMicrosoft today reported earnings for its first fiscal quarter of 2017 (because fiscal quarters don’t have to correlate with the all-governing force of time). Long story short: Azure and other office-based products are fueling revenue growth, as Microsoft mostly gives up on mobile. Also of note: Shares popped to above $60 in after-hour trading on news of strong growth in the cloud… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/dDE8yBrP9kI/

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