Microsoft gets a boost from Windows as cloud stays on track [MSN Money]
Intel Corporation (INTC)
Last intel corporation earnings: 4/23 04:07 pm
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Source: MSN Money
Microsoft gets a boost from Windows as cloud stays on track Microsoft Corp beat Wall Street timat for quarterly profit and revue on Wednday, powered by a surprise boost in Windows revue and as growth in its cloud busins stayed on track. Load Error Shar rose .% after the bell, pushing the Redmond, Washington-based company's market capitalization to nearly $ trillion. The rally added to the stock's roughly % gain so far this year, after it hit a record high of $.8 during regular trading hours. Under Chief Executive Satya Nadella, the company has spt the past five years shifting from reliance on its once-dominant Windows operating system to selling cloud-based servic. Azure, Microsoft's flagship cloud product, compet with market leader Amazon.com's Amazon Web Servic (AWS) to provide computing power to busins. Growth in that unit slowed to 7% from 76% in the fiscal second quarter. Mike Spcer, Microsoft's head of invtor relations, said the decline was roughly in line with the company's tim
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