Todd Bishop / GeekWire
Microsoft posts nearly $50B in quarterly revenue, beats expectations due to cloud growth – Continued growth in cloud revenue boosted Microsofts quarterly revenue to $49.4 billion, up 18%, with profits of $16.7 billion, up 8%, beating Wall Streets expectations with earnings per share of $2.22. Initial highlights from the companys results for the three months ended March 31: Microsoft Cloud revenue reached $23.4 billion, …
