Microsoft offered some welcome relief to the software sector overnight against what one analyst described as a "doom and gloom" backdrop.
Microsoft Corp. offered some welcome relief to the software sector overnight against what one analyst described as a “doom and gloom” backdrop.
In his view, Microsoft’s results were “exactly what software needed, at the right time.” While there’s still some “cloud cautiousness” for Microsoft, he thinks that “will begin to fade as the macro environment improves and that the other growth drivers will become more pronounced.” “The big question was how was it possible that the performance was so strong, when the macro headlines and everyone’s checks were so negative,” Zukin wrote in a note to clients. “We believe the answer is MSFT masterfully executing a portfolio selling approach that is resonating with customers wanting to consolidate .”
Evercore ISI’s Kirk Materne thought that Microsoft’s latest results showed why Microsoft is poised to take market share in the tough economic climate, while also leading “the architectural shift to AI.”
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
This money mistake will doom your marriageA financial guru has advice for couples on a new Netflix show.
Read more »
SEE IT: Conservatives mourn end of Tucker Carlson show, predict doom for Fox NewsPopular prime-time host Tucker Carlson's sudden departure from Fox News was announced on Monday morning.
Read more »
Doom Patrol Gets Even More Like The X-Men Tomorrow #XSpoilersICYMI: Doom Patrol Gets Even More Like The X-Men Tomorrow XSpoilers XSpoilers xmen doompatrol dccomics richjohnston
Read more »
Cover girl Melissa McCarthy defines beauty as 'being exactly who you are''The Little Mermaid' star Melissa McCarthy is the cover girl defining beauty as 'owning who you are' and 'allowing other people to be who they are.'
Read more »
Kindle Scribe update lets you send documents directly from Microsoft Word | EngadgetThe Kindle Scribe is getting an update that lets you send documents directly from Microsoft Word to the tablet and introduces a two-column layout for multi-page reading.
Read more »