Is Microsoft Azure Catching Up to Amazon Web Services? Jim Cramer Weighs In
Watch out Amazon (AMZN) - Get Report Web Services?
Jim Cramer has some thoughts about Microsoft (MSFT) - Get Report Azure post-Microsoft earnings.
In case you missed it, Real Money Stock of the Day Microsoft beat Wall Street forecasts with a bottom line of $1.37 per share, a 21.2% surge from the same period last year built in part on 21% gain for Cloud computing revenues thanks to its popular Azure product.
But let's take a look at Azure. Here's what Cramer thinks about Azure vs. AWS:
"I got to see what AWS does this quarter. I would say that Azure is catching up," explained Cramer.
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