Microsoft’s Profits Slide on Mobile, but Its Cloud Flourishes - NYTimes.com

Lots of positive signals in Microsoft's latest quarterly report

"But there was better news for Microsoft’s cloud business. Annual sales from its commercial cloud business would be $4.4 billion if it sustained its June sales levels for a full year. The company doubled its cloud revenue for the fiscal year that ended June 30.
[...]
For the company’s fiscal fourth quarter, Microsoft reported net income of $4.61 billion, or 55 cents a share, down from $4.97 billion, or 59 cents a share, in the period a year ago.
The company said revenue jumped to $23.38 billion from $19.9 billion in the period a year earlier."

Microsoft’s Profits Slide on Mobile, but Its Cloud Flourishes - NYTimes.com