Home SportsEconomyBusinessTechnologyEntertainmentHeightsEnergy

Microsoft beats 2Q forecasts as focus shifts from Windows
Published in 26-1-2017
    1030 Visits
NEW YORK (AP) Microsoft Corp. reported yet another quarter of stronger-than-expected results on Thursday, thanks to its focus on online services and business software rather than its legacy Windows operating system. Businesses and government agencies are increasingly turning to such "cloud computing" services, which again helped boost Microsoft's revenue, just as it did in the previous quarter. Over the last 12 months, though, the shares have increased by 23 percent, thanks to investor confidence in Nadella's efforts to focus on cloud services and business software.
Reference: www.chron.com