Microsoft had another stellar quarter, beating expectations and posting double digit growth, both for top and bottom line. These impressive financial results were directly tied to the continued strength of their cloud business. Commercial Cloud revenue grew 41% with Office 365 commercial revenue up 30% as a result of continued install base expansion and average revenue per user (ARPU) growth. Azure revenue also grew 73%, driven by strong growth in Microsoft’s consumption-based business. As they work to continue down this path of success, expect Microsoft to aggressively push for more Office 365 adoptions and for more workloads to be placed on Microsoft’s cloud.
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