Microsoft beats expectations, fuelled by Azure cloud business
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What happened
The quarterly earnings report comes just days after Microsoft offered voluntary buyouts to about 60,000 employees, roughly a quarter of its workforce. (EPA Images pic) SAN FRANCISCO: Microsoft shares popped more than 5% Wednesday afternoon after it reported better than expected revenue and profit, fuelled by its Azure cloud computing division which grew by 48% in the September quarter. (Free Malaysia Today, 06:32)
The reporting
1 report
Photo: Free Malaysia Today Free Malaysia Today·News·EN·29 Oct, 06:32 MYTMicrosoft beats expectations, fuelled by Azure cloud business
The quarterly earnings report comes just days after Microsoft offered voluntary buyouts to about 60,000 employees, roughly a quarter of its workforce. (EPA Images pic) SAN FRANCISCO: Microsoft shares popped more than 5% Wednesday afternoon after it reported better than expected…
Read at Free Malaysia Today
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Timeline
- DetectedFirst detected (Free Malaysia Today) source
Where it started
How it spread
- Step 1News outletsFree Malaysia Today06:32
Internet reaction
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- Covered by 1 established outlet(s): Free Malaysia Today
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