Analysts Expect Cloud Computing to Be Huge for Microsoft. Here's Why They're Right

Analysts Expect Cloud Computing to Be Huge for Microsoft. Here's Why They're Right

Analysts haven't been shy about expressing their positive sentiments for Microsoft's (NASDAQ: MSFT) cloud business. Many of them believe that cloud computing will continue to bring huge revenue opportunities for the company and drive its earnings for years to come.

Here are just a few examples of what they've said over the past six months (emphasis added): 

Microsoft is proving these analysts right, particularly with its latest quarterly results, as the company has focused its attention on building out one of the biggest cloud computing platforms on the market.

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Source: Fool.com