Microsoft beats profit estimates but cloud growth slows
(Reuters) - Microsoft Corp beat analysts' quarterly profit estimates on Wednesday, but growth in its Azure cloud computing platform slowed from a year earlier. The software maker's net income rose to $10.68 billion (£8.29 billion), or $1.38 per share, in the quarter ended Sept.
(Reuters) - Microsoft Corp
The software maker's net income rose to $10.68 billion (£8.29 billion), or $1.38 per share, in the quarter ended Sept. 30 from $8.82 billion, or $1.14 per share, a year earlier. [https://bit.ly/2W9G9Bc]
Revenue rose to $33.06 billion from $29.08 billion a year earlier.
Analysts had expected a profit of $1.25 per share on revenue of $32.23 billion, according to IBES data from Refinitiv.
(Reporting by Noor Zainab Hussain in Bengaluru; Editing by Saumyadeb Chakrabarty)
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By Robin Emmott and John Irish | BRUSSELS/PARIS BRUSSELS/PARIS France and Germany will agree to a U.S. plan for NATO to take a bigger role in the fight against Islamic militants at a meeting with President Donald Trump on Thursday, but insist the move is purely symbolic, four senior European diplomats said.The decision to allow the North Atlantic Treaty Organization to join the coalition against Islamic State in Syria and Iraq follows weeks of pressure on the two allies, who are wary of NATO confronting Russia in Syria and of alienating Arab countries who see NATO as pushing a pro-Western agenda."NATO as an institution will join the coalition," said one senior diplomat involved in the discussions. "The question is whether this just a symbolic gesture to the United States
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