Microsoft Cloud Was A Ray Of Sunshine This Quarter With Revenue Up 128% (MSFT)

Microsoft CEO Satya Nadella says the company's cloud computing business is on track to generate $4.4 billion in revenue this year, if sales keep up the way they've been going. Another way of saying that: Microsoft's cloud appears to have hit over $1 billion this quarter. The company just released its first quarter results and reported that commercial cloud revenue from business customers (not consumers), grew by $662 million, or 128%. Microsoft doesn't break out the actual cloud revenue. It lum...