sales and profits from Microsoft in their first fiscal quarter (July to September) exceeded estimates of analysts, driven by the growing demand for software and services in the cloud.
earnings, excluding certain items, were 76 cents per share and sales adjusted for 22 thousand 300 million dollars, said the company, with headquarters in Redmond, Washington, through a press release.
analysts predicted on average, in the period ended in September, earnings would be 68 cents per share and sales by 21 thousand 700 million dollars, according to data compiled by Bloomberg.
The CEO of the company, Satya Nadella, has been investing in data centers and in the formation of partnerships to boost the sales of the main business products for the cloud, Azure and Offide 365 -based versions of the popular productivity apps, e-mail and collaboration tools.
The increase in revenue from services in the cloud Azure helped Microsoft, in the midst of their efforts in the mobile phone and a PC market in decline.
“The cloud is growing significantly and Azure represents new increases in revenue,” said Mark Moerdler, an analyst at Sanford C. Bernstein & Co., who rates the stock outperform the market average.
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