Microsoft Beats Expectations with 48% Azure Growth
Microsoft shares rose over 5% after reporting $92.3 billion revenue and $36.6 billion profit, surpassing analyst estimates. The strong performance was driven by a 48% growth in its Azure cloud division in the September quarter. CEO Satya Nadella highlighted enhanced customer capabilities and cost efficiency. The company also offered voluntary exit packages to 60,000 employees, including some in India.
Hindu Tech·


