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Microsoft profit up as demand for cloud service soars

January 27, 2017 by · Leave a Comment 

Microsoft Corp reported a 3.6 percent rise in fiscal second-quarter profit on Thursday, helped by growth in its fast-growing cloud computing business, but it saw a slight decline in margins in the unit that includes its flagship cloud platform Azure. Since taking charge in 2014, Chief Executive Satya Nadella has…

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Microsoft profit up as demand for cloud service soars

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Alphabet posts strong revenue growth, higher taxes hit earnings

January 27, 2017 by · Leave a Comment 

Google parent Alphabet Inc posted fourth-quarter profit below analysts' estimates on Thursday, hurt by a higher tax rate, but analysts cheered the company's progress in diversifying its business beyond advertising. While advertising still accounts for the lion's share …

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Alphabet posts strong revenue growth, higher taxes hit earnings