Microsoft Revenue Surges Though Cloud Growth Slows – The Wall Street Journal

Microsoft Corp. reported strong sales growth driven by sustained demand for its cloud-computing services as customers shift more work online during the coronavirus pandemic.

The software maker on Wednesday said sales rose 13% to $38 billion in its fiscal fourth quarter, and that it generated a net profit of $11.2 billion. Both measures for the June-ended period topped Wall Street expectations.

Sales…