Microsoft said revenue in its “Intelligent Cloud” segment rose 30 per cent to US$17.4-billion, with a 51 per cent growth in its Azure cloud-computing business. Analysts had expected a 43.1 per cent growth in Azure, according to consensus data from Visible Alpha.
Revenue from its personal computing division, which includes Windows software and Xbox gaming consoles, rose 9 per cent to US$14.1-billion.
The company’s revenue rose 21 per cent to $46.2-billion in the fourth quarter ended June 30, beating analysts’ consensus estimate of US$44.24-billion, according to IBES data from Refinitiv.
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