Microsoft notes from conference call: U.S. outperformed expectations; China, Russia, and Japan were in-line with expectations
- Commercial cloud business is a source of strength; annualized run rate now stands at $6.3 bln
- Seeing strong growth in consumer cloud business as well
- XBox Live users grew 18% yoy, helping drive XBox Live usage growth by 30%
U- .S. outperformed expectations; China, Russia, and Japan were in-line with expectations
- Macroeconomic climate remains challenging
Windows XP refresh cycle has peaked