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Microsoft profits in the second quarter of 2019



Microsoft shares fell 3 percent on Wednesday after the company released its second quarter report with a slightly lower than expected revenue.

, Microsoft said in a statement.

Microsoft Rejects Another Accurate Release Sales for the Azure cloud business, which has contributed to the company's success in recent years, Microsoft said Azure grew by 76 percent, unchanged from the previous quarter ,

Comments from Intel, Juniper, and other companies involved in infrastructure spending "Microsoft investors were worried about what Azure means," said Brent Bracelin, analyst at KeyBanc Capital Markets, who shares rated "buy". Bracelin had predicted growth of around 74 percent or $ 2.85 billion.

Microsoft said that in the Commercial Cloud category, which includes the Azure Public Cloud, it will make commercial purchases for mobility and security and commercial LinkedIn services.

The unit increased 48 percent, reflecting a sequentially higher growth rate of 47 percent a quarter before; Bracelin had estimated that it would increase by 44.8 percent this time. The gross margin for Commercial Cloud remained steady at 62 percent sequentially.

Azure is second in the cloud infrastructure market after Amazon Web Services, allowing businesses to outsource their computer and data storage. Bracelin predicted that Azure would contribute $ 2.85 billion in the quarter, up approximately 74 percent from the previous quarter. According to Amazon, which publishes results tomorrow, AWS will generate $ 7.3 billion in revenue, analysts surveyed by FactSet said.

"Within the next five years, I can not say that Azure will catch up," Bracelin said in an interview this week. He said that Azure could be bigger within 10 years if AWS is still part of Amazon.

"The debate will someday restrict Amazon.com's ambitions to the opportunities for AWS due to the competitive demands that they currently have limited the ability of AWS to grow," said Bracelin.


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