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Microsoft 'innovative but not cool'

Today Programme

BBC Radio 4

Microsoft sign

Microsoft beat expectations yesterday to deliver revenues of nearly $34bn (£27bn) and profits of $13bn.

Aaron Shields from Fitch brand consultancy said Microsoft's strength came down to "trust" and "innovation".

Although he acknowledged the firm lacked something other tech giants didn't, calling Microsoft "innovative but not cool".

He said the software giant still had a lot of "head height" with its Azure cloud computing platform because "that's where the whole world is heading" and that positions Microsoft well, he thinks.

"The likes of apple live or die on their product releases but Microsoft seems to buck the trend by just offering really good hardware that continues to sell."

NSO spyware ‘targets Big Tech cloud services’

The Financial Times global technology correspondent tweets

Trump: US shot down Iranian drone

President Trumps says the ship 'took defensive action' in Strait of Hormuz
President Donald Trump has said the US Navy shot down an Iranian drone in the Strait of Hormuz.

He said the USS Boxer "took defensive action" after the drone came within about 900 meters of the vessel.

It is the latest in a series of tensions between Washington and Tehran. Last month, Iran downed a US military drone in the area.

Laura Rozen - the Washington correspondent for Al-Monitor - explains the significance of the latest incident.

(Photo: USS Boxer. Credit: Getty Images)

Microsoft sales jump on cloud computing

Satya Nadella
Getty Images

Computing giant Microsoft has reported $13.2bn in profits in its most recent quarterly results, exceeding analysts' expectations of $9.4bn in profits.

Its rise in sales, up 12% to $33.7bn, is partly due to its cloud computing offering Azure. On Tuesday, Microsoft announced a $2bn cloud deal with US telecoms provider AT&T.

Since chief Satya Nadella took over in 2014, Microsoft has climbed to become the market's most valuable company with a current market cap of $1.1trn.

Growth of Microsoft's cloud service Azure will be key in determining whether the software giant maintains its trillion-dollar market cap after its earnings report.