Microsoft reported solid quarterly earnings on Thursday — with the surprise result that its More Personal Computing unit had posted 13% growth over the same period in 2017.
That unit encompasses Windows, Xbox, and Surface, all businesses that Wall Street has long considered secondary to the meteoric rise of Microsoft's cloud computing businesses.
The results prove that there's life left in these businesses yet, at least partially allaying fears that Microsoft was getting out of consumer technology.
When Microsoft announced its rock-solid quarterly earnings on Thursday, Wall Street analysts were happy to see the continued growth of its cloud computing businesses.
After years of stagnation, the More Personal Computing segment saw a gain of 13% over the same period of 2017, hitting $9.9 billion in revenue.
As a refresher, that segment encompasses the Windows operating system, the Surface hardware business, the Xbox gaming division, and the Bing search engine.