Growth across all major business segments saw Microsoft post strong results for Q3 of 2022. Credit: Martyn Williams/IDG Microsoft posted strong results across the board for its third quarter of 2022, with total revenue increasing by 18% year-over-year to $49.4 billion, thanks in large part to continued growth of its cloud products. Net income for the quarter was $16.7 billion. Microsoft bundles its Azure public cloud services, SQL Server, Windows Server and enterprise services together as Intelligent Cloud, which drove revenue of $19.1 billion in the quarter, increasing by 26% year-on-year. Azure and other cloud services alone jumped 46% in the quarter. Microsoft CEO Satya Nadella told analysts that “it was a record third quarter,” thanks in large part to “the continued strength of the Microsoft Cloud.” Nadella also said that enterprises are adopting Windows 11 at a higher pace than any previous release of the operating system, as illustrated by the 11% growth for its personal computing division, which generated $14.5 billion in revenue. Revenue driven by enterprise productivity software, including Office 365, was up 12% for the quarter and the number of Office 365 consumer subscribers reached 58.4 million, which is 8 million more than this time last year. Despite the strong results, Microsoft CFO Amy Hood said the company was anticipating the ongoing war in Ukraine to continue to impact business towards the end of the financial year, with a “roughly $110 million impact” on revenue but “minimal impact” on operating expenses. Related content news Meta opens its mixed-reality Horizon OS to other headset makers Lenovo and Asus are among the companies building headsets that run Horizon software. The move expands Meta’s reach in the AR/VR market, while enabling headset vendors to focus on hardware development rather than software. By Matthew Finnegan Apr 24, 2024 6 mins Augmented Reality Google Virtual Reality tip A crafty new Android notification power-up This simple enhancement will make your Android notifications more useful and less annoying — with about 60 seconds of one-time setup. By JR Raphael Apr 24, 2024 7 mins Google Mobile Apps Android opinion Microsoft uses its genAI leverage against China — prelude to a tech Cold War? A century or more ago, nations often used ‘gunboat diplomacy’ to push smaller countries around; in the 21st century, technology can be used the same way. By Preston Gralla Apr 24, 2024 6 mins Regulation Government Technology Industry how-to How to fix iCloud sync in seconds Here's what to do when your contacts or calendar events don't sync between devices. By Jonny Evans Apr 23, 2024 7 mins iCloud Apple Cloud Storage Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe