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 analysis Apple earnings: About that iPhone 'slump' in China Based on information from Thursday's earnings report, it seems that data pointing to an iPhone slump in China were over-baked. By Jonny Evans May 03, 2024 9 mins iMac iPhone Apple news Microsoft begins to phase out ‘classic’ Teams Microsoft is encouraging Teams customers to move to the new, faster version of the collaboration app; the older version will be switched off next year. By Matthew Finnegan May 03, 2024 3 mins Microsoft Teams Collaboration Software Productivity Software news analysis Apple confirms it will open up the iPad in Europe this fall The latest efforts to comply with Europe’s Digital Markets Act mean developers can offer to side load apps to both iPhones and iPads in the EU. Apple has also taken steps to improve what it offers to smaller and non-commercial developers in the By Jonny Evans May 02, 2024 6 mins iPad Apple Mobile Apps news Udacity offers laid-off US workers free access to its courses for 30 days Sign-ups will be available over the next 30 days By Lucas Mearian May 02, 2024 4 mins Technology Industry IT Jobs IT Skills 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