Microsoft cuts Azure VM prices by up to 50%

Recently a report suggested that Microsoft would perhaps stop fighting public cloud market leader Amazon Web Services (AWS) when it comes to cutting cloud prices in order to win and retain business. But Microsoft’s latest cloud announcement contrasts that considerably. Today Microsoft said that Azure virtual machine (VM) prices would be going down by up to 50 percent.
To be specific:
DV2 VM prices will drop by as much as 15 percent
A1 and A2 Basic VM will drop by as much as 50 percent
Comp