Forget Azure: This Is Microsoft’s Highest-Growth Segment Right Now
For the past few years, the clear star of the Microsoft (NASDAQ: MSFT) empire has been its cloud segment, with its Azure infrastructure-as-a-service segment growing extremely fast, and its software-delivered-as-a-service segment helping the core Office and Dynamics brands achieve years of strong double-digit growth, despite their already large size.
However, in Microsoft's recent earnings release on July 22, which handily beat analyst expectations for revenue and earnings per share, an entirely different segment eclipsed cloud to take Microsoft's growth crown -- at least for now.
Image source: Getty Images.
Source Fool.com