Overall revenue increased by 12pc to $24.5bn and operating income was $7.7bn.
CEO Satya Nadella attributed the growth to the commercial cloud business, where the company passed Dollars 20 billion in revenues on an annualised basis, a target first set two years ago.
Azure sales rose 90 percent.
By combining tools from Office 365, Windows 10, and Enterprise Mobility + Security, Microsoft 365 "represents a profound shift in the way we design, build and deliver our productivity solutions, moving to a people-centered approach, spanning all their devices to unlock creativity and inspire teamwork while simplifying security and management", he said. The Office product line, which consists of internet-based versions of Word, Excel and other workplace productivity software, posted sales growth of 42 percent. Wall Street has been concerned about slowing growth with AWS, but it's still growing well.
"The one thing that had been maybe holding the stock back a bit was on the margin front", he said.
Microsoft's Azure revenue nearly doubled and posted 90 percent year over year growth.
Revenue has been patchier in personal-computer software and hardware. The segment declined earlier in 2017 owing to aging Surface Pro products that consumers shunned.
"More personal computing" division of Microsoft had nearly similar revenue compared to previous year at $9.4 billion.
Analysts surveyed by S&P Global Market Intelligence expected Microsoft to report per-share earnings of 72 cents on $23.56 billion in revenue. Global PC shipments fell 3.6 percent in the period, according to Gartner Inc. Productivity revenue, mainly Office software, climbed 28 percent to $8.2 billion. Revenue increased by 12% during the quarter due to strong contributions from the Productivity and Business Processes and Intelligent Cloud segments, while More Personal Computing, which houses Windows revenues, held its ground by reporting flat growth. Microsoft doesn't break out its Azure numbers, but the Canalys research firm estimates it brought in $2 billion, acccording to Reuters.
Gaming revenue was 1% higher at US$1.9bn, although this is expected to jump in the coming quarters as the company prepares to launch its new Xbox One X console in November. Windows OEM revenue went up by just four percent and commercial Windows and cloud services increased by seven percent.
Tsai, co-founder of Alibaba, the world's largest online retailer, is worth nearly $11 billion, according to Bloomberg . The Nets never did become title contenders, but those deals would hamstring the team for years.
Asif said Pakistan was not a superpower but a nation that has sacrificed its people during the fight against terrorism. But Mr Asif blamed the "ineptitude" of American and global forces in Afghanistan for not ending the conflict.
Scott Brown confirmed Wednesday that the State Department looked into comments he made at an event in Samoa three months ago. Brown attended the event with his wife and said he'd been complimenting the well-dressed guests as they walked in.
Nevertheless, it was only last night that AMD has finally revealed the full specifications of its Ryzen Mobile chips. This potentially allows for better power savings and, depending upon the applications you run, better performance.
In the video, the reality TV stars try on the 'In Love With the KoKo Kollection' , introducing fans to each lippy shade. Last month a Keeping Up With The Kardashian's producer also appeared to confirm Khloe's pregnancy .
Catalonia represents a fifth of Spain's gross domestic product and polls show its people roughly evenly divided over independence. After the vote, those that remained in the chamber for the vote sang the Catalan anthem.
Amazon Key launches in a number of cities in the U.S. , but if it's successful it's easy to see it coming to the UK. When the delivery person arrives, they will knock, and then scan the package to a Wi-Fi connected lock.
As we discussed earlier , the card is a beefed-up alternative to the GTX 1070 that ends up landing very close to GTX 1080. The card is the smallest GTX 1070 Ti model on the market right now and it can fit into 99% of all cases.
In 2001, Canadian model Liskula Cohen said she walked out of a Vogue photoshoot because she wasn't comfortable with his requests. The move is believed to be in response to a Sunday Times story which asked why Richardson was "still feted by fashionistas".
Sensex ends at new peak, posts best wkly gain since Jan 27
However, the broader NSE Nifty slipped from its lifetime high to close at 10,323.05, down 20.75 points, or 0.20 per cent. Japan's Nikkei gained 0.6 percent while South Korea's Kospi rose 0.2 percent and Australian shares rose 0.2 percent.
Sony Xperia XZ1 goes on sale in Canada
Unfortunately, unlike some of Sony's more expensive devices , there aren't any front-facing speakers to be seen here. Coming to the optics, the Xperia R1 camera is with 13 mega pixel image sensor on the back, made by Sony itself.
Two Jailed Over South Africa Coffin Case
Mlotshwa was seen begging for his life in his video. "Why shouldn't we, when you are killing our farm?" one replied. In August both were convicted after Mr Mlotshwa's ordeal in the coffin was shown to the court on a big screen.
Sheriff's spokesman: 2 killed on Grambling State campus
We always encourage our students to be safe, be aware, watch who they hang out with, and watch who is around at all times. A manhunt is underway for a suspect who shot and killed two men at Grambling State University in Louisiana.
Russian helicopter crashes into the sea near Norway
The helicopter went down in the sea some two-three kilometres (1.3 to 1.9 miles) off the coast of the Arctic port of Barentsburg. Norway has sovereignty over Svalbard but Russian Federation has a small coal-mining community in Barentsburg.
Treasury slams CFPB in new report on arbitration
It gives companies like Wells Fargo and Equifax a monopoly over our system of justice by blocking consumers' access to the courts. But consumer advocates - and a 2015 CFPB study - suggest otherwise: The arbitration clauses mostly favor the industry.
UK GDP shows higher-than-predicted growth in Q3
The British pound rose shortly after today's growth report, going up 0.25 percent against the U.S. dollar to $1.317. Another report from the ONS showed that the index of services climbed 0.2 percent in August from July.