Microsoft earnings: 96 cents per share, vs expected EPS of 86 cents

LinkedIn also contributed United States dollars 1.3 billion in revenue to the division, more than five times the year-earlier period when the acquisition just closed.

At the Intelligent Cloud division, sales were up 15 percent to United States dollars 7.8 billion, driven by continued strong demand for Azure could services, which posted revenues up 98 percent from a year ago.

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That seems to be at odds with the CDC's mission to curb smoking, which is a leading cause of preventable death in the U.S. She toured the CDC's Tobacco Laboratory on August 9, one day after purchasing shares in the Japanese company.

Microsoft reported its quarterly earnings on Wednesday after the bell, showing a clean, but modest, beat on the top and bottom lines.

Intelligent Cloud had revenue of $7.8B (+15%). LinkedIn revenue was $1.3 billion. The software giant's revenue was still up 12 percent year-on-year to Dollars 8.9 billion, and operating profit rose 10 percent to USD 8.7 billion.

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Moreover, Ksa Capital Management Llc has 1.8% invested in the company for 25,000 shares. 71,600 are owned by Payden & Rygel. Cibc Mkts holds 0% or 5,327 shares. 7,580 shares valued at $906,644 were sold by Kulovaara Harri U on Monday, August 14.

Since Chief Executive Officer Satya Nadella took the helm in 2014, Microsoft's cloud business - which includes products such as Office 365, Dynamic 365 and Azure computing platform - has emerged as a major growth driver. Azure revenue growth was up 98 percent. Surface revenue increased just 1 percent year-on-year as sales of more premium devices were offset by lower volumes. Xbox hardware revenue itself has increased 14 percent year-over-year, thanks to the launch of the Xbox One X. Even Xbox software and services revenue has grown 4 percent, alongside a 7 percent increase in active Xbox Live users. All three of the company's operating groups saw growth. Gaming revenue grew 8%, while search ad revenue increased 15%, excluding traffic acquisitions costs.

On a GAAP basis, Microsoft posted losses of 82 cents per share, including a net charge totally $13.8 billion in connection with the tax reform bill. Surface revenue was flat in constant currency.

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Snapchat grew quickly when it introduced its camera-first app that allowed users to capture photos or videos in seconds. Twitter CEO Jack Dorsey has called Snapchat a " very modern " app and even admitted that his own app can be confusing.

Microsoft will now hold an earnings call at 5:30PM ET / 2:30PM PT, and we'll update this article with any relevant information.

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