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Microsoft+earnings+buoyed+by+new+CEO%27s+cloud+vision
Friday, 25 April 2014 - 11:46
Microsoft earnings buoyed by new CEO's cloud vision
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Microsoft reported net profit of 5.66 billion dollars in the first quarter, a decline from the same period last year but better than market estimates.

The software maker's efforts to move further into cloud computing - a move championed by new chief executive Satya Nadella - seem to be paying off.

Azure, a cloud computing product, saw revenue grow 150%, Microsoft.

The company also said it added 1 million users to its subscription-based Office programme for personal users.
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