In addition to traditional cloud offerings such as virtual machines, object storage, and content delivery networks, Azure offers services that leverage proprietary Microsoft technologies.

“The way we see this is as an opportunity in a very classic Microsoft sense ... Server products and cloud services revenue increased 29 percent. Azure and other cloud services revenue grew ...

Microsoft's (NASDAQ:MSFT) stock fell about 4% premarket on Thursday after the company trimmed down revenue expectations for its Azure cloud service for the second quarter. "In Azure, we expect Q2 ...