Microsoft cements its position as the world's most valuable company after crushing sales forecasts (MSFT)

Microsoft stock rose by as much as 3% in early trading Friday after fiscal fourth-quarter earnings showed a beat on both revenue and profits.
The computing giant hit an intraday record, strengthening its position as the world's most valuable company. It had a market cap of $1.05 trillion as of Thursday's close.
Revenue growth in the company's office-productivity products and cloud-computing service, Azure, drove bottom-line gains.
Visit the Markets Insider homepage for more stories.
Microsoft st