Microsoft Looks to Software Subscriptions as Mobile Computing Spreads – Wall Street Journal

Microsoft Corp. on Wednesday pitched Wall Street on the main financial message from Chief Executive Satya Nadella: The Microsoft of the future will spin more cash, more reliably than ever before.

In a roughly two-hour session with financial analysts, Mr. Nadella and other Microsoft officials laid out the case that the company‚Äôs business is growing less dependent on sales of software products that are bound to decline as desktops…

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