Microsoft’s earnings were published yesterday, and they were a blow-out. In particular, the Enterprise Services division, which includes Office 365 and Azure, grew in both revenue and profit.
As desktop revenue shrinks due to a slow down in PC shipments, Microsoft’s commercial division is up 10% in Q2. For Azure and Office 365, the growth rate of more than 100% year over year shows the shifting of the IT world from desktop to cloud.