Microsoft cloud grows by 102%, while its mobile sink by 71%

Microsoft cloud

Today was the day chosen by Microsoft to present its financial results corresponding to its third fiscal quarter or second quarter of 2016 ended June 30; roughly it has exceeded analysts expectations by showing good numbers and a consolidation of its business in the cloud, which has caused so far in after- hours trading the shares of the company presented an increase of 4%.

In short, Microsoft is reporting revenues of $ 22,642 million, 7% higher than the same quarter last year, exceeding expectations of 22.140 billion expected by the market. In general an increase occurs in the wide range of company business, where the cloud has become to look like the most important business, while in the other corner is the business of smartphones that no longer seems to matter to Microsoft.

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