Microsoft_Cloud_Profit_IBTimes_R Microsoft's revenue and operating income for the 'Intelligent Cloud' segment (in $ billion) Photo: Statista / IBT

Nowadays, Microsoft's strong financial results are heavily reliant on the cloud side of its business and the most recent quarterly results are no exception. Of the total $36.9 billion revenue recorded, 11.9 billion was from the segment 'Intelligent Cloud' - the highest figure so far, which translated to a record-equaling $3.5 billion of operating income.

The total revenue represents a year-on-year increase of 14 percent. Speaking on the earnings call, CEO Satya Nadella said: "It was another strong quarter, with double-digit top and bottom-line growth, driven by the strength of our commercial cloud."