Microsoft is growing its cloud revenue faster than Amazon

February 17, 2016

Both Amazon and Microsoft reported earnings for the fourth quarter of 2015 today, and cloud computing was a vital part of both reports. Amazon Web Services is the industry leader, while Microsoft’s Azure cloud is widely considered the second-place option, most popular among companies who already use a lot of Microsoft technology.
So how’d they do? AWS revenues grew about 69% between Q4 2015 and the year-ago quarter, going from $1.42 billion to $2.41 billion. AWS is also profitable, and profits nearly tripled, from $240 million to $687 million. SourceMS

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