Microsoft profit up amid cloud computing growth

People walk past a Microsoft office in New York (Swayne B Hall/AP)

Growth in Microsoft’s cloud computing business helped push its profit up 24% in the July-September quarter over the same time last year.

The tech company, based in Redmond, Washington, reported quarterly profit of 17.2 billion dollars (£12.5 billion), or 2.27 dollars per share, beating Wall Street expectations of 2.08 dollars per share.