Microsoft Forecasts Spook Investors as Firm Reports Lowest Revenue in Five Years

Microsoft on Tuesday projected that revenues for the current quarter would be lower than estimates across cloud and PC business units, as the company reported the lowest revenue growth in five years. The company's cloud business, Microsoft Azure, saw growth fall to 35 percent and the firm expects a further drop in the current quarter.

from Gadgets 360 https://ift.tt/W9SjO40
via IFTTT