Microsoft unveiled the results in the second quarter of its fiscal year 2019. Microsoft Azure numbers, in turn, were responsible for the fall in the stock price of the American company.
In fact, even though revenue was set at $ 32.5 billion – a pretty positive figure for Microsoft – Wall Street’s expectations were for total revenue of $ 40 billion. Well, something that did not happen, at all.
However, it was the fact that Microsoft Azure was not so promising that it turned out to be more alarming. What’s more, the Cloud service of the Redmond company that has grown so much in recent years.
Microsoft Azure is the cloud of all clouds of the company of Redmond!
On the one hand, Azure is seen as the successor to Windows as the service (or product) that represents the future of the company led by Satya Nadella. Therefore, the fact that the star product has not grown as much as it would seem seems to have been a cold water bath for it.
On the other hand, there is also the question of Microsoft Azure being able to perform poorly in its sales performance as it faces heavy competitors. The truth is that Amazon Web Services – especially – and the solutions offered by Google and Alibaba.
Even so, the 76% growth in Microsoft service cannot be said to have been a little positive. Unfortunately, the truth is that, in the same period of the previous year, this had been 98%.
In any case, it will now be about three months before the financial data for the new and penultimate quarter of the software giant’s fiscal year and 2019 can be reviewed.