Microsoft's Cloud Business Can't Overcome Weak PC, Phone Sales - InformationWeek

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4/22/2016
09:05 AM
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Microsoft's Cloud Business Can't Overcome Weak PC, Phone Sales

Microsoft's third quarter revenue and profits fell short of analyst estimates, sending the stock lower in after-hours trading. Executives touted the growth and strength of the company's cloud business and noted that weaker PC sales and a strong decline in Microsoft's phone business hurt overall results.

(Image: gong hangxu/iStockphoto)

(Image: gong hangxu/iStockphoto)

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