Good End to Fiscal Year for Microsoft

For the quarter, revenue rose 17% year over year to $30.1 billion (increased 15% in constant currency). In constant currency, the firm's commercial cloud revenue surged 50% year over year to $6.9 billion and was led by strong growth in Office 365, Dynamics 365, and Azure. Microsoft's management team noted that they were seeing optimistic corporate IT spending and increasing demand for cloud services.

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