Microsoft has published a report for the 3rd quarter of fiscal year 2023

Microsoft has published income statement for the third quarter of fiscal year 2023. Revenue for the specified period amounted to $52.9 billion; net profit – $ 18.3 billion. For comparison, for the same period last year, revenue was $49.4 billion; net profit — $16.7 billion.

Note. The fiscal year is not the same as the calendar year. In the US, the fiscal year starts on July 1 and ends on June 30.

Highlights of the quarterly report:

• Revenue was $52.9 billion (up 7%);
• Operating income was $22.4 billion (up 10%);
• Net income was $18.3 billion, up 9%);
• Divided EPS is $2.45 (up 10%);
• Productivity and business process revenue was $17.5 billion (up 11%);
• Intelligent Cloud revenue was $22.1 billion (up 16%);
• More Personal Computing revenue was $13.3 billion (down 9%);
• Revenue from commercial Office products grew by 13%;
• Office consumer product revenue up 1%;
• LinkedIn revenue up 17%;
• Income from Dynamics grew by 25%;
• Income from server products and cloud services increased by 17%;
• Azure revenue up 27%;
• Windows OEM revenue down 28%;
• Surface revenue down 30%;
• Revenue from commercial Windows products and cloud services grew by 14%;
• The revenue of the gaming division grew by 3%;
• Search advertising revenue increased by 10%.