Microsoft has released its Q3 fiscal 2017 earnings report, revealing that the company has made $4.8 billion USD in net income on $22.1 billion in revenue.
Both the company’s revenue and profit are up over the same period last year, with Microsoft’s Office and Cloud products driving the overall increase in revenue.
Surface revenue is unsurprisingly down this quarter, in part because Microsoft has not released a significant refresh to its Surface Pro or Surface Book line in a number of years. In total, Surface revenue dove 26 percent to $831 million. Windows-related revenue is up five percent year-over-year and the company’s commercial products and cloud services revenue have also increased by six percent over last year.
Microsoft, however, isn’t revealing anything regarding its future plans for Windows 10 Mobile, despite the fact that its revenue in the area dipped $730 million this quarter. LinkedIn, the company’s most recent acquisition, is responsible for $975 million in revenue. Office products and cloud services are up seven percent year-over-year and even Office’s consumer products and cloud services have increased by a total of 15 percent.
Microsoft says it now has a total of 26.2 million Office 365 subscribers. Server and cloud revenue increased by 15 percent, with Azure revenue growing by 93 percent.
Source: Microsoft
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