Microsoft Earnings Outperform Expectations, Even as Azure Growth Slows

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Microsoft’s management are likely to be feeling the buzz this morning, as quarterly results exceeded expectations, and net income hit $10.7 billion for the quarter – up  21 percent year-on-year – despite falling Azure revenue growth.

Commercial cloud revenue for the Redmond firm hit $11.6 (£8.9) billion for the quarter; growth of 36 percent year-on-year. Microsoft’s operating expenses also climbed to $9.9 billion for the quarter, which featured 77 new product/feature releases.

See also: Introducing Windows 10X: MSFT’s Containerised New OS

Azure’s revenue grew by 59 percent year-on-year (down from 64 percent

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