Enterprise Weekly #410: Microsoft's Struggles, Stripe's Liquidity Plan, and More
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While the Big 3 usually report earnings the same week, this season, Microsoft decided to get a head start…and it’s not pretty. Microsoft’s Intelligent Cloud business reported $22B in revenue with Azure up 31% alone (a slowdown from 35% last quarter and 46% the four quarters before that). Microsoft's cloud business is its main revenue driver and with slowed growth, Microsoft itself reported only 2% growth, its slowest quarter in more than six years.
Enterprise Weekly #410: Microsoft's Struggles, Stripe's Liquidity Plan, and More
Enterprise Weekly #410: Microsoft's…
Enterprise Weekly #410: Microsoft's Struggles, Stripe's Liquidity Plan, and More
While the Big 3 usually report earnings the same week, this season, Microsoft decided to get a head start…and it’s not pretty. Microsoft’s Intelligent Cloud business reported $22B in revenue with Azure up 31% alone (a slowdown from 35% last quarter and 46% the four quarters before that). Microsoft's cloud business is its main revenue driver and with slowed growth, Microsoft itself reported only 2% growth, its slowest quarter in more than six years.