I just made a comparison of disk performance between Azure and Amazon EC2. You can read it here , although you probably want to translate it from Norwegian :-)
The following HD Tune screenshots are interesting, however.
First, a small instance on Amazon EC2 running Windows Server 2008:

Next, a small instance on Azure running Windows Server 2012:

This is not a fair comparison, as some of the differences may be due to the lack of Windows 2012 drivers, but you may still find this useful.
As Sandrino noted, although small instances in Azure only get “moderate” I / O performance, and this may be an argument in favor of Amazon.
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