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. https://www.zdnet.com/article/microsoft-q2-strong-amid-commercial-cloud-revenue-surge/
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MICROSOFT Q2 STRONG AMID COMMERCIAL CLOUD REVENUE SURGE TO $36 BILLION ANNUAL RUN RATE
Microsoft's second quarter earnings were better than expected with in line revenue as its commercial cloud business delivered $9 billion in sales for a $36 billion annual run rate.The software giant reported second quarter net income of $8.4 billion, or $1.08 a share, on revenue of $32.5 billion, up 12 percent from a year ago. Non-GAAP earnings were $1.10 a share.Wall Street was looking for second quarter non-GAAP earnings of $1.09 a share on revenue of $32.5 billion.By division for the second quarter, Microsoft reported productivity and business processes revenue of $10.1 billion, up 13 percent from the second quarter a year ago. Intelligent Cloud revenue was $9.4 billion, up 20 percent from the second quarter a year ago. And More Personal Computing sales were $13 billion, up 7 percent. LARRY DIGNAN READ MORE