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Microsoft Doubles its Cloud Computing Business

However, phone sales are declining sharply.


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The good news from Microsoft's most recent earnings report was that its revenue from its Azure cloud computing division doubled year-over-year. On the other hand, the company's phone revenue declined 71 percent.

Overall, Microsoft reported revenue of $20.6 billion, a decrease from $22.2 billion during the same quarter last year.

The company also recently announced that it expects to miss its goal of having Windows 10 on 1 billion devices by the middle of 2018.



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