Microsoft, Quiz, Vimto: Everything that matters this morning
Microsoft profits double as cloud computing bet pays off
Microsoft has credited its shift to cloud based computing for a near doubling in quarterly profits to $5.3bn.
The company cited its shift away from computer sales and older software products with helping drive growth in revenue during the quarter from $20.6bn to $23.3bn.
Earlier this month Microsoft announced plans to cut “thousands” of jobs worldwide to facilitate its shift into the cloud computing sector, with the majori
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