July 22, 2014
Microsoft sees huge gains in commercial cloud revenue
One of the most striking things in Tuesday’s earnings report is the continued rapid growth of Microsoft’s cloud services. Our commercial cloud revenue increased by 147 percent over the comparable quarter last year, driven by strong growth in Office 365, Azure, Dynamics CRM and other commercial cloud services. As the chart here shows, the commercial cloud annual revenue run rate has basically doubled each of the past two years, and now stands at $4.4 billion and is climbing rapidly.