Microsoft Continues to Strengthen Its Cloud Business

Nowadays, Microsoft's strong financial results are heavily reliant on the cloud side of its business and the most recent quarterly results are no exception. Of the total $36.9 billion revenue recorded, 11.9 was from the segment 'Intelligent Cloud' - the highest figure so far, which translated to a record-equalling $4.5 billion of operating income.

The total revenue represents a year-on-year increase of 14 percent. Speaking on the earnings call, CEO Satya Nadella said: "It was another strong quarter, with double-digit top and bottom-line growth, driven by the strength of our commercial cloud."