13-07-2017 18:00 via feedproxy.google.com

MORGAN STANLEY: Microsoft's huge growth has nothing to do with its fight against Apple (MSFT)

Microsoft has been battling Apple for decades in a fight to be the computer in your home or on your lap, but they have been quietly taking over an entirely different sector.
Recently, Microsoft has been tackling the commercial cloud business, and it could pay off big time, according to a recent note to investors from Morgan Stanley.
"We estimate the Commercial Cloud annualized revenue run rate increases to $17 billion in 4Q17, or 85% of Microsoft's FY18 $20 billion target," Keith Weiss, an
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