Microsoft profit up as demand for cloud service soars


  • TECH
  • Friday, 27 Jan 2017

Comprehensive lineup: Microsoft Corp thinks of its cloud offerings as comprehensive lineup of both software and infrastructure. — Reuters

Microsoft Corp reported a 3.6% rise in fiscal second-quarter profit on Jan 26, helped by growth in its fast-growing cloud computing business, but it saw a slight decline in margins in the unit that includes its flagship cloud platform Azure.

Shares of the world's biggest software company were up about 1.1% in after-hours trading.

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