Microsoft's (MSFT) Best Cloud Days Are Ahead - FBR Capital

FBR Capital analyst Dan Ives said the Cloud remains the "Rock of Gibraltar" for Microsoft (NASDAQ: MSFT) and sees the company's best cloud days ahead.

Ives commented: "While Microsoft’s commercial cloud transition has set the bar for other tech stalwarts, we believe its best cloud days are ahead, given our positive checks from the field around solid uptake of key cloud products (e.g., Office 365, Azure) heading into 2016. While AWS is the clear leader on cloud, we believe Microsoft/ Azure have a long runway to cross-sell into its massive enterprise customer bases with a broad platform of cloud offerings for the next few years. We believe this $50 billion market opportunity is less than 10% penetrated, and with Windows 10 in Nadella's back pocket, Microsoft is in a strong position to further gain share in the cloud while its mature tech brethren (Oracle, HP, Cisco, IBM) walk the innovation treadmill at 2.5 mph heading into 2016."

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