Microsoft shares are down about 1% during trading on Wall Street, despite the publication of the first fiscal quarter results, which exceeded estimates. This decline also comes despite the growth achieved by the company's Techelet cloud infrastructure segment, which helped it exceed analysts' expectations for revenue and profits during the quarter. It comes at a time when Microsoft's lower-than-expected capital spending volume has indicated that its infrastructure partners are taking longer to deliver data center capabilities.

Microsoft shares are down about 1% during trading on Wall Street, despite the publication of the first fiscal quarter results, which exceeded estimates. This decline also comes despite the growth achieved by the company's Techelet cloud infrastructure segment, which helped it exceed analysts' expectations for revenue and profits during the quarter. It comes at a time when Microsoft's lower-than-expected capital spending volume has indicated that its infrastructure partners are taking longer to deliver data center capabilities.