Microsoft shares down 1.6% after Azure revenue disclosures
Microsoft stock is down 1.6%, trading at $501.73 Friday. Microsoft said Azure produced $29.4 billion last quarter and $101.9 billion in fiscal year ended June 30.
Microsoft NASDAQ:MSFT, the cloud and enterprise-software giant, pulled back the curtain on Azureand the cloud engine is already a $100 billion monster.
Azure produced $29.4 billion last quarter and $101.9 billion during the fiscal year ended June 30.
The stock drops 1.6%, trading at $501.73 Friday…