Microsoft’s Phone Sales May Be Low, But Its Cloud Revenue Is Up
Microsoft’s commercial cloud revenue was up 103 percent in the quarter ended this past September. The commercial cloud segment consists mainly of subscriptions to Windows Azure, an application hosting service, and to Office 365, an online version of Microsoft’s ubiquitous desktop productivity suite. Microsoft said in a call with Wall Street analysts that both Azure and Office 365 posted triple-digit percentage increases in revenue and increased profitability as gross margins expanded.
Read the full article on Wired Magazine’s site.