SAN FRANCISCO, Oct 29 — Microsoft shares popped more than five per cent yesterday afternoon after it reported better than expected revenue and profit, fuelled by its Azure cloud computing division which grew by 48 per cent 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 (RM375 billion) in total revenue and more than US$36.6 billion in profit, the company said in a securities filing yesterday.

Analysts had expected around US$90.6 billion in revenue and US$35.1 billion in profit, according to FactSet.