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 reviews Arc browser for Windows — better than Chrome? This might just be the best web browser for power users. But you’ll have to rewire your brain. By Chris Hoffman May 08, 2024 13 mins Windows Browsers Productivity Software news Google US antitrust trial: A timeline The biggest antitrust trial of the century, targeting Google's search business, is drawing to a close while a second trial against the tech giant, focusing on advertising, is scheduled for later this year. Here's an updated, play-by-play a By Jon Gold May 08, 2024 9 mins Technology Industry Google Legal news analysis Why Google's Pixel 8a may be the most important phone of 2024 Don't be fooled: This unassuming midranger holds some outsized significance for Android and for you — regardless of whether you ever intend to buy it. By JR Raphael May 08, 2024 12 mins Smartphones Google Android opinion FTC ban on non-competes would put employees in the driver's seat If the ban goes into effect, the talent wars will broaden and intensify — and return-to-work efforts would likely crumple. By Scot Finnie May 08, 2024 5 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