Tag Archives: Stronger-Than-Expected

Microsoft Posts Stronger-Than-Expected Results on Cloud, Business Service Growth

Microsoft on Thursday delivered stronger-than-expected earnings for the past quarter, lifted by gains in cloud computing and other business services. For its first fiscal quarter to September 30, the tech giant said profit was up 16 percent from a year ago to $6.6 billion (roughly Rs. 42,911 crores). Revenue meanwhile rose 12 percent to $24.5 billion (roughly Rs. 1,59,304 crores) for the one-time ... Read More »