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October 24, 2019 03:32 am GMT

Microsoft reports a strong fiscal first quarter, but Azures growth rate continues to decline

Microsoft posted quarterly results today that were well ahead of analysts expectations, but Azures growth rate continues to decline as it competes with AWS. The companys revenue for the first quarter of the fiscal year rose 14% year-over-year to $33.1 billion. Net income increased 21% to $10.7 billion, or $1.38 per share. Revenue from Microsofts […]

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