The quarterly verdict: How do Google, IBM and Microsoft all stack up?
It’s that time again; another quarter passes by and with it comes a variety of financial reports from the big hitters. Alphabet, the parent company of Google, IBM, and Microsoft have all filed within the past week – so what do the figures all mean?
Top line highlights:
- IBM’s cloud revenue was at $13.7 billion for the full year of 2016, up 35%, while fourth quarter cloud revenues increased 33% to $4.2bn
- Microsoft’s commercial cloud annualised revenue run rate hit $14 billion, with Azure revenue up 95% in constant currency...