Microsoft’s foray into cloud computing continues to pay off. In March, Microsoft CEO Satya Nadella reorganized the company to deemphasize the once mighty Windows operating system in favor of the faster growing Azure cloud computing business. The tweaks were important, both strategically and symbolically. Microsoft may have missed out on the rise of mobile, but it’s going full steam ahead in the cloud. Buoyed by strong growth over the past year, the company’s shares soared 40% during the 12 months ending in May.
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