Microsoft has reported revenue of $22.6bn for the firm's latest fiscal quarter, a year-on-year rise of two per cent.
The Azure cloud platform was one of the star performers of the quarter, growing 102 per cent compared with the same period last year.
Microsoft declined to give separate revenue figures for Azure, instead bundling the cloud platform with its server software as part of the company's "intelligent cloud" business. This division recorded a revenue rise of seven per cent to $6.7bn.
CEO Satya Nadella was upbeat about the growth, claiming it as proof that his cloud and mobile strategy is paying dividends.
"This past year was pivotal in our own transformation and in partnering with our customers who are navigating their own digital transformations," he said.
"The Microsoft cloud is seeing significant customer momentum, and we're well positioned to reach new opportunities in the year ahead."
The company's productivity and business process section grew by five per cent to $7bn. This includes the cloud-based Office 365, which saw very small increases in subscription revenues, as well other Office software and Dynamics CRM.
Personal computing was down four per cent year on year, hit by poor sales of Windows smartphones, revenues from which fell a huge 71 per cent.
Microsoft admitted recently that its ambitious target to get Windows 10 running on one billion devices by 2018 is likely to be missed because of the failure of the smartphone business.
Weakness in phones was offset somewhat by sales of the Surface Pro, for which Microsoft did not give figures, and increases in search advertising revenue of 16 per cent.
SAP surprises analysts
Elsewhere, German enterprise software firm SAP reported better than expected figures for the quarter, but in traditional licences rather than cloud services.
"SAP reported a second quarter with very strong operating profit and margin way above expectations," a Frankfurt-based trader told Reuters. "Revenues were in line as cloud revenues hit estimates while licences surprised positively."
Software licences were up by 10 per cent to €1.04bn, excluding the effect of foreign exchange rates, greatly exceeding analysts' forecasts of a 1.8 per cent rise.
SAP's second-quarter operating profit, excluding special items, was up nine per cent to €1.52bn.
EE, O2, Vodafone, Three and Airspan open the bidding
Worried about data privacy? Here are several ways to secure your Facebook account