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Transcripts For KQED Nightly Business Report 20240713

Profits. The most valuable Public Company in the u. S. Easily beat wall street estimates. Reportingarnings of more than 10 billion in sales of more than 30 billion both double digit increase from us ay year ago. It may have made its name in the wonts operating system but the future in the cloud. The Cloud Business called azure owth in the recent quarter was below 6060 a big number with you one that gave investors pause. The stock volume nil initial after hours trading, josh lipton asore on microsofts quarter. Expectations ran highan into microsofts latest earnings with the stock up nearly 35 so far this year as invtors bet that its a smart way to capitalize on the shift to clou computing. One b b n nber that investors watch, commercial cloud revenue you go incding azure microsoft answer to riviv aws and cloud properties. Commercial cloud revenue clocked in at 11. 6 billion with gross margin spanning to 66 . Kirk ma tern says the growth in the cloud is translating into real earnings pow

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