Microsoft profit, revenue beats Wall Street view; shares up

BETTER THAN EXPECTED: The company said its commercial cloud-related revenue for the quarter more than doubled, and was now running at US$6.3bil (RM22.71bil) a year.

Microsoft Corp reported revenue and profit above Wall Street expectations, as sales of its hardware and cloud-computing services helped to offset a decline in the company's core Windows business. 

Shares rose 3.1% to US$44.70 (RM161.20) in after-hours trading.