REUTERS: Microsoft Corp's Azure cloud services grew more slowly in its first quarter even as profit and revenue beat estimates, the company said on Wednesday, a sign that competition is picking up in its fastest-growing business.
Jefferies analyst Brent Thill said Microsoft's results"were strong across the board with nearly all key metrics beating consensus." Microsoft shares, up 34per cent for the year, were 0.25per cent lower at US$136.90 in after-market trading.