Microsoft's cloud-fuelled revival persists
Q2 earnings beat estimates, revenue from Azure more than doubles
Seattle
SATYA Nadella's turnaround of Microsoft Corp persisted in the fiscal second quarter, as more businesses bought cloud services and Internet-based tools like Azure and Office 365 from a company once mainly known for personal-computer software.
Revenue from Azure - Microsoft's platform that sells data-centre based computing power and services - more than doubled as customers signed up for pricier offerings that can handle machine learning and process large reams of information. Subscriptions for Office 365 productivity software also lured both businesses and consumers, and even Windows sales came in better than the overall PC market, fuelled by the adoption of Windows 10.
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