Microsoft posts $23.8 bn revenue on cloud demand
Microsoft posted a revenue of $23.8 billion in the quarter ended December, a 9.84% dip over the year-ago period. Net income fell 14.7% to $5 billion year-on-year. Microsoft's revenue from 'intelligent cloud', which includes products like Azure cloud infrastructure and services business, rose 5%, but revenue from Personal Computing, which includes Windows, Surface among other products fell 5%.