Microsoft CEO Satya Nadella at the 2014 Microsoft Build developer conference in San Francisco
CloudMicrosoft Boosts Cloud Belief and Shares With ResultsMicrosoft Boosts Cloud Belief and Shares With Results
Microsoft reported faster growth in cloud sales for fiscal fourth quarter than analysts expected•The company's shares soared to a record $108.2 Friday following the earnings announcement, Bloomberg reported•Azure and Office 365 cloud businesses have been growing steadily, eating into Amazon's lead in the cloud market•Microsoft's annual sales topped $100 billion for the first time in company history
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