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Microsoft is headed for a record high after cloud computing drives a strong earnings beat

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While the company saw lower revenue for its Xbox line, growth in its cloud-services and office-productivity segments drove earnings past estimates.

Microsoft rose 3.5% in early trading Friday after fiscal fourth-quarter earnings showed a beat on both revenue and profits. The computing giant is headed for a record open, strengthening its position as the world's most valuable company. It had a market cap of $1.05 trillion as of Thursday's close. Revenue growth in the company's office-productivity products and cloud-computing service Azure drove bottom-line gains. Visit the Markets Insider homepage for more stories.

Microsoft rose 3.5% in early trading Friday after fiscal fourth-quarter earnings showed a beat on both revenue and profits. The computing giant is headed for a record open, strengthening its position as the world's most valuable company. It had a market cap of $1.05 trillion as of Thursday's close. Revenue growth in the company's office-productivity products and cloud-computing service Azure drove bottom-line gains. Visit the Markets Insider homepage for more stories.

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Perhaps they could use some of those earnings to make SharePoint work better and in a more user-friendly way. Maybe starting with a file manager style interface.

Maybe Microsoft can use that money to fix Windows 10

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