Microsoft reported on Thursday that 2014 fiscal second quarter profits rose 3 percent based on revenue growth in both the Devices and Consumer, as well as Commercial lines.
The company reported a profit of $6.56 billion, or 78 cents per share, compared with $6.38 billion, or 76 cents per share, in the year-ago quarter. Revenue was $24.52 billion for the quarter, up 14% year over year in GAAP terms.
Earnings per share beat Wall Street's average estimate of 68 cents, according to Thomson Reuters.
On the Commercial side, where the Dynamics ERP and CRM products reside, Microsoft's cloud services revenue "more than doubled." Office 365 commercial seats and Azure customers both grew triple-digits, and Dynamics CRM Online contributed...