Microsoft, Inc reported its earnings today and the analysts at Wall Street found it quite disappointing. Microsoft’s Azure cloud growth slowed to 31%, barely beating the analysts expectations and instead of a $52 Billion revenue for the next quarter, managements calls for a $50.5 to $51.5 Billion revenue with Azure’s growth slowing down.

During the earnings call, the company saw a decline in the operations for the core of its’s business, Office and Windows, told to the analysts by the CEO Satya Nadella.

Here’s how the numbers line up-

Earnings- $2.32 per share, adjusted, vs. $2.29 per share as expected by analysts, according to Refinitiv.

Revenue- $52.75 billion, vs. $52.94 billion as expected by analysts, according to Refinitiv.

The tech giant saw a decline in the PC business and the company said that it expects it to contract even more. Microsoft is having a hard time competing with Amazon’s AWS and they also battle Apple in the personal computer sector. The stock shot up upto 4% after hours, but came back to earth after pre market opened.