Microsoft exceeded the forecasts-a little disappointment in Azure services

Software giant Microsoft October -December last year’s earnings exceeded the expectations of analysts. This is the second quarter of the company’s financial year.

The company’s net sales increased to $ 69.63 billion last year from $ 62.0 billion. The expectation of analysts was a turnover of $ 68.8 billion.

Operational result increased to $ 31.7 billion last year for $ 27.0 billion, with expectations of $ 30.4 billion.

The earnings per share increased to $ 3.23 for $ 2.93, while the expectation was $ 3.10.

Forecasts were an information service Factsetin 40 consensus forecast collected by analyst.

The company’s share price for a while was over 3 % on the aftermath, but soon the decline became more moderate.

Sales of Microsoft’s Azure cloud services increased by 31 percent, while their increase in the previous quarter was 33 %. According to CNBC, the growth service was expected to grow between 31 and 32 %.

The company’s intelligent cloud services, including Azure services, generated $ 25.54 billion net sales of 19 % last year. However, the expectation of analysts was a turnover of 25.83 billion.

CEO of the company Satya Nadellan According to Microsoft’s artificial intelligence business, sales have increased by 175 percent to $ 135 billion a year.