MSFT (+4%) - Let’s just focus on what’s important: Azure…MSFT nice acceleration in Azure to 28% as we called out in our preview vs bogey of 26% and guide to 26-27% cc. So Q4 they guided 25-26% came in at 28% on a 4 pt easier comp. Q1 is an 8 pt easier comp, so I don’t think 30% is not out of the question for Q1 and is my guess where buyside is going to …
Keep reading with a 7-day free trial
Subscribe to TMT Breakout to keep reading this post and get 7 days of free access to the full post archives.