Microsoft's Cloud Business Just Hit a Huge Milestone

Just in case it wasn't clear by now, Satya Nadella was absolutely the best pick to become Microsoft's (NASDAQ: MSFT) CEO. While Nadella has backed off slightly from his "mobile-first, cloud-first" mantra that he touted for his first couple years as CEO, incrementally de-emphasizing the mobile aspect of Microsoft's business while betting even bigger on the cloud and other areas like artificial intelligence (AI), Microsoft has been executing incredibly well under his leadership.

The software giant reported fiscal first-quarter earnings Thursday night, and Microsoft's commercial cloud business has hit a huge milestone.

Image source: Microsoft.

Source: Fool.com