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March 31, 2018 02:34 pm

Microsoft Is 'Demoting' Windows for the Cloud, Says CNN

An anonymous reader quotes CNN:Microsoft is giving Windows a demotion, and leaning into the cloud. CEO Satya Nadella told employees on Thursday that Terry Myerson, leader of the Windows and Devices Group, is leaving the company. "Microsoft has been my work, my team, and my purpose for 21 years," Myerson wrote in a LinkedIn blog post. "It is an emotional day"... The shakeup includes the formation of two new engineering teams that will prioritize Microsoft's cloud and artificial intelligence products -- a move that should make investors happy, said Brad Reback, a software analyst at Stifel. Morgan Stanley said recently that Microsoft could hit $1 trillion in market value within a year, thanks in large part to the strengths of Azure, Microsoft's cloud computing service, and the cloud-based Office 365 software suite... Amy Hood, Microsoft's chief financial officer, said in January that the company's commercial cloud revenue grew 56% year-over-year. In that quarter, Windows commercial products and cloud services sales fell 4%.

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