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

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%.

I am Sanjit Gupta. I have completed my BMS then MMS both in marketing. I even did a diploma in computer software and Digital Marketing.

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