Microsoft’s 22 Percent Q1 Growth Outperforms Expectations

Propelled by Azure cloud services, Microsoft reported $45.3 billion in revenue for its first quarter 2022, ending up 22 percent year-over-year for the period ending September 30. “We delivered a strong start to the fiscal year with our Microsoft Cloud generating $20.7 billion in revenue for the quarter, up 36 percent [YOY]”, Microsoft executive vice president and chief financial officer Amy Hood said regarding the announcement. Describing digital technology as “a deflationary force in an inflationary economy,” Microsoft chairman and CEO Satya Nadella opined that businesses, small and large, can improve productivity and affordability “by building tech intensity.” Continue reading Microsoft’s 22 Percent Q1 Growth Outperforms Expectations

Azure Drives Impressive Quarterly Sales, Profits for Microsoft

Microsoft experienced a successful quarter, due in large part to significant growth in Azure cloud services. The company reported overall Q4 sales of $46.2 billion, up about 21 percent year-over-year, for a $16.5 billion profit, an increase of 47 percent year-over-year. Similar to other Big Tech companies, Microsoft’s numbers exceeded Wall Street expectations. According to chief financial officer Amy Hood, Microsoft expects overall sales of $44.2 billion for the current quarter. Microsoft’s stock is currently up 40 percent over the last year, and its valuation is now $2+ trillion, second only to its rival Apple. Continue reading Azure Drives Impressive Quarterly Sales, Profits for Microsoft

Microsoft Releases Code to Linux and Mac OS for First Time

Microsoft released .NET Core 1.0, a software development platform for Windows, Linux and Mac OS X operating systems, marking the first time that the company has officially supported the two primary competitors to its own operating system. The source code was originally released in 2014, for testing. Linux vendor Red Hat will support it on its Red Hat Enterprise Linux OS. Because .NET Core is open source, developers will be able to configure it to their needs as well as use it for free to develop their own applications. Continue reading Microsoft Releases Code to Linux and Mac OS for First Time

HPE Plans to Enhance Servers with ‘Persistent Memory’ Tech

Hewlett-Packard Enterprise hopes to be the leader in “persistent memory,” which greatly improves server speed, a boon to those dealing with increasing amounts of data. Other companies planning to use persistent memory include Oracle and Super Micro Computer, with component manufacturers Micron Technology, SanDisk, Netlist and the Viking Technology unit of Sanmina. Persistent memory combines flash memory and DRAM (dynamic random-access memory), to create DIMMs (direct in-line memory module). Continue reading HPE Plans to Enhance Servers with ‘Persistent Memory’ Tech