Microsoft posted increased revenue year over year in its fiscal second quarter driven by its commercial business, specifically Microsoft Cloud. WHY IT MATTERS: In the first half of fiscal 2023, more than 70% of revenue came from commercial business, and over 70% of the commercial business derived from Microsoft Cloud, Chief Financial Officer Amy Hood […]

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• Source: https://bankautomationnews.com/allposts/core-cloud/microsoft-cloud-drives-tech-giants-revenue/