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Microsoft Says to Spend 90% of R&D on Cloud Strategy

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(Corrects second paragraph of story that ran yesterday to show Courtois didn’t tell Bloomberg HT television that Microsoft will easily meet 2011 targets.)

April 6 (Bloomberg) -- Microsoft International President Jean-Philippe Courtois said the company will spend 90 percent of its $9.6 billion research and development budget on cloud strategy this year.

Microsoft’s global growth is “balanced and healthy” with faster growth in emerging markets, Courtois said in an interview with Bloomberg HT television in Istanbul today.

Link to Company News:{MSFT US <Equity> CN <GO>}

To contact the reporter on this story: Aydan Eksin at aeksin@bloomberg.net

To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net

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