Microsoft's quarterly net profit is expected to increase due to cloud computing

Microsoft (MSFT.O) on Thursday announced quarterly net profit better than expected, due to increased demand for cloud computing business, and personal computer software business stabilized.

Announced the results, Microsoft shares rose 1.76 percent, to $ 80.15.

Microsoft has turned its focus to fast-growing cloud applications and platforms to help the company resist the slowdown in personal computer demand for the company's Windows software sales caused by drag.

Under the leadership of executive director Nadela, Microsoft's cloud business has become the main growth momentum.

Revenue from smart cloud business increased nearly 14 percent to $ 6.92 billion in the first quarter of the fiscal year ended Sept. 30, according to financial data and analytics firm FactSet, with analysts forecasting a total of $ 6.7 billion.

Revenue from the Azure business jumped 90%, up from 97% in the previous quarter.

Microsoft said the quarterly business cloud business annual revenue reached 20.4 billion US dollars.

Revenue from Microsoft's PC branch fell 0.2 percent to $ 9.38 billion, but it was better than analysts' estimate of $ 8.81 billion.

Personal computer business, including Windows software, Xbox game consoles, online search ads and Surface personal computers, is the company to the largest department of revenue.

During the period, Microsoft net profit rose to $ 6.58 billion, or $ 0.84 per share, compared with $ 5.67 billion or $ 0.72 a year earlier. Total revenue rose 12 percent to $ 24.54 billion.

As of Thursday, this year, Microsoft shares rose nearly 27%, more than the S & P 500 index. SPX 14.4% over the same period.