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Cloud computing is Microsoft’s growth driver

by Alexandra Hartman Editor-in-Chief

New York (AFP)

Remote computing services were a key driver of Microsoft growth between July and September, with continued strong demand despite the general uncertainty in the sector, in contrast to a slowdown in software and video games.
The group, headquartered in Redmond, Washington, indicated that it generated $50.1 billion in revenue in the first quarter of its fiscal year, which begins in early July, an increase of 11% over a year. It is noteworthy that Microsoft suffered greatly as a result of the strengthening dollar, as This negatively affected all of its sales outside the United States.

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