Top News | Apr 25, 2014
Microsoft: Successful cloud business
Microsoft (Attractive*) topped market expectations with its quarterly results. Net income was USD 5.7bn, 7% lower than in the previous year, but earnings per share of 68 cents per share exceeded the 63 cents consensus. Sales remained almost unchanged at USD 20.5bn. Particularly, Microsoft’s cloud business was a strong hold (Azure platform +150%). The shares rose about 3% after the market close.