Microsoft Expects Double-Digit Growth for This Year as Demand for Cloud Computing Services Rise
Microsoft on Tuesday forecast double-digit revenue growth for the next fiscal year, driven by demand for cloud computing services, and its shares jumped about 4 percent. Microsoft forecast Intelligent Cloud revenue of $21.1 billion (roughly Rs. 1,61,695 crore) to $21.35 billion (roughly Rs. 1,63,611 crore) for its fiscal fourth quarter, driven by strong growth in … Read more