Microsoft’s expanding cloud services were a key driving force behind its healthy 2018 fiscal year third-quarter earnings, with year-on-year profit growing 35% to hit $7.4 billion.
Figures from the first three months of 2018 show Microsoft’s flagship cloud computing service Azure grew 93% year-on-year, driving its 16% growth in revenue from $23.2 billion to $26.8 billion. Redmond’s overall business orientated cloud portfolio division, dubbed Intelligent Cloud, grew by 17% over the same quarter qa year earlier.
