Microsoft Shares Slip on "Soft" Azure Revenue. Is This a Buying Opportunity in the Stock?

Microsoft (NASDAQ: MSFT) shares fell after revenue from its Azure cloud computing platform came in at the low end of its prior guidance, although the unit continues to be company's biggest growth driver. The decline sent the stock into slightly negative territory for the year, as of this writing.Let's dig into the company's results to see if this is a good opportunity to buy the dip.Azure was once again the primary focus when Microsoft reported its earnings results. The unit grew its revenue by 31% in the fiscal second quarter, which was a deceleration from Q1 when Azure revenue rose 33%. It was also at the low end of its prior guidance for Azure fiscal Q2 revenue growth of between 31% and 32%. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool