Cloud rise gives boost to US giant Microsoft
US software colossus Microsoft reported a slip in quarterly profit but still topped expectations due to rising demand for offerings in the internet cloud.
Microsoft posted a net profit of US$4.7 billion for the fiscal first quarter, down 4 percent from a year earlier, on revenue that remained flat at $20.5 billion.
Microsoft built its fortune on packaged software but has made a priority of offering applications as services hosted online and accessible from a broad array of internet-linked devices.
The shift in strategy has been deemed vital for the company, as lifestyles have shifted to mobile devices and accessing cloud services whenever desired.
Microsoft is also among the US technology titans making a priority of artificial intelligence with the potential to make online services smarter and easier to engage.
Microsoft is working with Lenovo to allow apps such as Office and Skype to be installed on the Chinese computer titan’s mobile devices powered by Android software.
The firms plan to add to the ranks of people using Microsoft programs as services hosted in the internet cloud.
Microsoft and leading Android smartphone maker Samsung announced a deal last year to bring the US company’s software to smartphone and tablets made by the South Korean firm. –