Home Microsoft to boost cloud revenue to USD 20 bln by 2018 - CEO
 

Keywords :   


Microsoft to boost cloud revenue to USD 20 bln by 2018 - CEO

2015-04-30 09:34:00| Telecompaper Headlines

(Telecompaper) Microsoft is looking to triple annual revenue from its cloud-computing businesses to USD 20 billion by the end of fiscal 2018, according to its CEO Satya Nadella. Speaking to analysts at the company's Financial Analyst Briefing, Nadella also forecast that Microsoft will have 1 billion Windows 10 devices on the market by 30 June 2018. In its quarterly earnings report issued last week, Microsoft said total revenues from its cloud ventures more than doubled to a USD 6.3 billion run rate, most of it coming from Office 365 and Windows Azure.

Tags: microsoft usd revenue ceo

Category:Telecommunications

Latest from this category

All news

»
24.11 Beautiful World CD
24.11VIII
24.11PLUS MADHOUSE( ) 2
24.11KATO 10-1537 415
24.11125f-slim
24.11
24.11olend ona soft bag
24.1110ONKYO
More »