Beyond the headline numbers, investors focus heavily on growth for Microsoft's Azure cloud-computing business — and that came up short this time around. Microsoft reported 31% growth for Azure in constant currency.

CNBC's Steve Kovach reports on Microsoft's quarterly earnings results. What we know about the passenger plane collision near Washington, DC The Popular Mexican Sandwich Named After The Street Where It Originated White House says Trump funding freeze remains in effect despite rescinding OMB memo Katie Holmes' New Winter Uniform Uses This Classic Styling Trick Top 20 Unscripted Robin Williams Moments "No-spend" trend gains steam as consumer sentiment shifts Elon Musk says SpaceX will rescue two ‘stranded’ astronauts.