Jim Cramer Was “Blown Away” By Microsoft Corporation (NASDAQ:MSFT)’s Financials
Jim Cramer expressed significant admiration for Microsoft's recent fiscal fourth-quarter earnings, which showed strong revenue and EPS, exceeding analyst expectations. Despite concerns from bears regarding capital expenditure's impact on free cash flow, the company's Intelligent Cloud business and Azure cloud computing saw impressive growth. The article also touches on hedge fund interest and a debate about Microsoft's capital outlay for depreciating assets, which the company addressed by extending the useful life estimates of its data centers.
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