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Microsoft soars on the cloud

Office 365 reaches parity with traditional Office products and LinkedIn adds $1 billion in revenue Microsoft made the financial world sit up and take notice. The company reported revenue of $23.3 billion, a 13% increase over last year, with net income coming in at $6.5 billion, a shocking 105% increase. Satya Nadella told investors, “innovation across our cloud platforms drove ...

Kathleen Maher

Office 365 reaches parity with traditional Office products and LinkedIn adds $1 billion in revenue Microsoft made the financial world sit up and take notice. The company reported revenue of $23.3 billion, a 13% increase over last year, with net income coming in at $6.5 billion, a shocking 105% increase. Satya Nadella told investors, “innovation across our cloud platforms drove strong results this quarter.” Microsoft’s cloud group revenue reached $7.4 billion for the quarter and Azure revenue was up 97%. In the meantime, Enterprise Services fell 3% as Windows Server 2003 support contracts reach their end … all according to
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