Microsoft's Azure cloud revenue doubles, but phone sales plummet

Microsoft's cloud push continued to pay off last quarter, with revenue from its Azure services more than doubling from the same period last year, the company reported Tuesday.Overall revenue for the quarter was down, however, thanks partly to a steep decline in Microsoft's handset business. Total revenue for the three months ended June 30 was $20.6 billion, Microsoft said, down from $22.2 billion last year. Net profit was $3.1 billion.Microsoft's retreat from the smartphone market hurt its