Microsoft reports Q2 revenue up 17% YoY to $81.3B, operating income up 21% to $38.3B, net income up 60% to $38.5B, and Microsoft Cloud revenue up 26% to $51.5B (Microsoft)

Microsoft reported second-quarter revenue of $81.3 billion, a 17 percent increase year over year, while its cloud segment grew 26 percent to $51.5 billion. Azure revenue rose 39 percent year over year, and the cloud-computing business slightly exceeded quarterly expectations. Overall, the company posted strong growth in its cloud services despite a decline in gaming revenue.

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