The Redmond company’s quarterly profit more than doubled from a year ago on growth in its cloud-computing products.

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Microsoft’s quarterly profit more than doubled as the company’s cloud-computing products continued to gain traction.

The three months ended in June brought another jump in sales of Microsoft’s portfolio of business software, from its subscription-based version of Office to the Azure platform of on-demand computing power and data storage.

The technology giant posted net income of $6.5 billion during the quarter, from $3.1 billion a year earlier. On a per-share basis, that translates to 83 cents, from 39 cents.

The results, for the last quarter of Microsoft’s fiscal year, were better than analysts expected.

The Redmond company in the last few years has been reshaping its business from one-time sales of software licenses to subscription services in the cloud.

That’s entailed layoffs, including thousands announced earlier this month, as well as billions of dollars spent building a worldwide network of data centers to power those cloud-computing tools.

The costs of running those facilities has weighed on the company’s profitability. So has a growing, but lower-margin, hardware business, primarily its line of Surface computers.

During the just-completed fiscal year, Microsoft took home 62 cents of every dollar of sales in gross profit, down from more than 80 cents in 2010.

But Wall Street investors believe the changes in the company’s business have positioned Microsoft to survive in the emerging era of cloud software, defying expectations that the company — tied by Windows and Office to a cratering personal-computer market — was headed for irrelevance.

In the process, Microsoft has emerged as a credible rival to Amazon Web Services, which pioneered the business of selling rented technology infrastructure over the internet.

Azure sales rose 97 percent during the quarter, Microsoft said.

The company doesn’t break out the unit’s revenue, but analysts with Credit Suisse estimate Azure pulled in $3.6 billion during the just-completed fiscal year. AWS was on pace to bring in $15 billion over the same period.

A recent Credit Suisse survey of corporate technology buyers and executives found more respondents interested in Microsoft’s Azure than AWS.

“We seem to have crossed some sort of credibility barrier,” said Chris Suh, Microsoft’s director of investor relations. “We’ve gone from being in the game, to sort of right up there with AWS in terms of viability in many cases.”

Microsoft’s stock ended regular trading on Thursday at a record high $74.22, up 0.5 percent on the day. In after-hours trading after the earnings release, shares rose by as much as 3.5 percent, before giving up those gains.

For the full fiscal year, Microsoft’s sales totaled $89.9 billion, up 5 percent from a year earlier. Net income was $21.2 billion, an increase of 26 percent.

The company’s quarterly results include a $1.8 billion tax benefit as Microsoft recognized losses accrued by its now-dismantled smartphone hardware business in past years.

That tail wind boosted Microsoft’s results by 23 cents a share, the company said. Including sales of the Windows operating system that Microsoft officially defers to future quarters, Microsoft’s earnings per share were 98 cents a share, up from 69 cents a share a year earlier.

Absent the tax adjustment, earnings would have been 75 cents a share, topping analysts expectations for a profit of 71 cents a share.

Adjusted revenue during the quarter was $24.7 billion. Analysts surveyed by S&P Global Market Intelligence had expected revenue of $24.2 billion.