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Microsoft sees cloud as big winner in macroeconomic crisis

July 27, 2022

Via: CIO Dive
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If slim margins amount to a win, then Microsoft and its investors should be pleased with the company’s Q4 financials. Revenue and growth failed to meet rosier expectations, but were strong nonetheless, with net income at $16.7 billion, up 2% over last year.

“We’re not immune to what’s happening in the macro broadly,” CEO Satya Nadella said during the earnings call. But the current economic situation represents growth opportunities for Microsoft, especially in its cloud division.

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