April 28 - 15:04
13D
Cloud growth boosts Microsoft's sales
Microsoft surpassed its Q3 sales expectations thanks to further growth in its Azure cloud division. Cloud sales grew by 46% as the effects of the COVID-19 pandemic continued for businesses adopting remote working at scale. Overall revenue was $41.7bn and increased 19%. "Digital adoption curves aren’t slowing down. They’re accelerating, and it’s just the beginning," said Satya Nadella.
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