Overall, Microsoft reported first-quarter revenue of US$17.37 billion, beating the consensus estimate from financial analysts of $17.24 billion, according to Thomson Reuters. Net income for the quarter ending Sept. 30 was $5.74 billion, or $0.68 per share, in line with analysts' consensus estimate.

, business sales dominated the growth for the company.

The Microsoft Business Division, which oversees Microsoft Office, reported $5.62 billion in revenue, an 8 percent increase from the prior year's first quarter, which itself benefitted from the release of Office 2010.

"We had another strong quarter for Office, SharePoint, Exchange, and Lync, and saw growing demand for our public and private cloud services including Office 365, Dynamics CRM Online, and Windows Azure," said Kevin Turner, chief operating officer at Microsoft, in a statement.

Sales of Microsoft's enterprise support server software -- including Lync, SharePoint, and Exchange -- enjoyed double-digit growth, according to the company. Revenue from the company's Dynamics business grew 17 percent. For the back office, the Server and Tools Division generated $4.25 billion in revenue during the quarter, a 10 percent increase year on year.