Microsoft quarterly profit rises 10 percent

Microsoft Corp reported a 10 percent rise in quarterly profit on Thursday, as more businesses signed up for its Azure cloud computing services and Office 365 productivity suite.

Net income rose to $8.87 billion, or $1.14 per share, in the fourth quarter ended June 30 from $8.07 billion, or $1.03 per share, a year earlier.

Revenue rose to $30.09 billion from $25.61 billion.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)