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Top 9 Surprises From Microsoft's Q1 2016 Results

Microsoft latest earnings call had some eye-openers, including Azure revenue doubling and CEO Satya Nadella saying Microsoft and Amazon are now the 'only two' enterprise cloud platforms that matter.

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Microsoft Phone Business Continues To Struggle

Microsoft's mobile phone business revenue declined a whopping 54 percent in constant currency. The decline was not unexpected given Microsoft has sharply scaled back its handset business. Despite its mobile retreat, earlier this month Microsoft announced a bevy of Windows 10 flagship devices including the Lumia 950 and 950 XL phones.

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