In the quarter ended in September 2014, Microsoft has recorded revenue of $23bn which was mainly driven by its cloud-based offerings.
Wall Street analysts estimated the earnings of the software giant to reach $22bn with 49 cents a share, but the company managed to earn 54 cents a share, exceeding the expectations of analysts.
Revenue of the consumer division grew 47% to $10.96bn.
Office365 Home and Personal subscribers representing more than 25% sequential growth. The revenue of Surface Pro 3 was $908m, and Xbox console sales saw 102% growth.
When compared to the previous quarter, the company’s commercial revenue grew 10% to $12.28bn with 13% increase in Server products and services revenue.
It recorded 5% growth in Office Commercial products and services while 128% increase was recorded in Commercial cloud revenue.
Even though Microsoft faced tough competition from iOS and Android the company’s phone hardware revenue exceeded $2.6bn.
Microsoft CEO Satya Nadella said: "We are innovating faster, engaging more deeply across the industry, and putting our customers at the center of everything we do, all of which positions Microsoft for future growth."
"Our teams are delivering on our core focus of reinventing productivity and creating platforms that empower every individual and organization."
