The quarterly earnings report comes just days after Microsoft offered voluntary buyouts to about 60,000 employees, roughly a quarter of its workforce. (EPA Images pic)SAN FRANCISCO: Microsoft shares popped more than 5% Wednesday afternoon after it reported better than expected revenue and profit, fuelled by its Azure cloud computing division which grew by 48% in the September quarter.
"We are delivering greater capability, choice, control, and cost efficiency for customers across our entire stack," Microsoft CEO Satya Nadella said in a statement.
The technology giant recorded US$92.3 billion in total revenue and more than US$36.6 billion in profit, the company said in a securities filing Wednesday.
