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Microsoft's cloud business can't be stopped

Microsoft's cloud business can't be stopped

At this point, Microsoft's quarterly earnings reports sound like a broken record : Its cloud business is practically unstoppable, while its PC and productivity make steady gains. That's been the case for years , and this past third quarter was no different: Its intelligent cloud jumped 22 percent reaching $9.2 billion, mostly due to Azure's whopping 73 percent revenue growth. The Personal Computing side of things rose 8 percent to reach $10.7 billion, which includes a 21 percent increase in Surface revenues. And its Productivity and Business Group, which houses Office and LinkedIn, rose 14 percent at $10.2 billion. Altogether, revenues for the quarter were up 14 percent and profit 19 percent, reaching $8.8 billion.