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Microsoft revenue lifted by cloud sales to businesses

2014-07-23 13:23:44| InfoWorld: Top News

Strong sales of cloud products to businesses helped lift Microsoft's revenue by 18 percent last quarter, though its profits declined. Revenue for the quarter ended June 30 was $23.4 billion, up from $19.9 billion last year and ahead of the consensus analyst estimate of $23 billion, according to a poll by Thomson Reuters.

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