Microsoft cloud revenue up 22%, devices business plunges 39% in first report since job cuts (Todd Bishop/GeekWire)

Todd Bishop / GeekWire
Microsoft cloud revenue up 22%, devices business plunges 39% in first report since job cuts – Microsofts revenue rose 2% to $52.7 billion in its second fiscal quarter, just missing Wall Streets expectations, as profits dropped 7% to $17.4 billion, not counting a special charge related to its layoffs providing a glimpse of the growing economic uncertainty that the company cited in announcing the cutbacks …

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