Microsoft on track for strongest annual growth in over a decade

While IBM's latest figures show that perhaps the elephant can't dance after all (, Microsoft's pivot from a software to cloud services company is really starting to pay off – reporting revenue nearly $1bn higher than market expectations last year. Changing the direction has clearly been hard (e.g. disbanding the Windows Engineering team, previously the core of the company), and it's hard to see how a company of that size, and with that number of highly passionate people, can successfully adapt so quickly, but it seems to be well on track.
Revenue boost from cloud business and upbeat forecast add to stock price confidence