Microsoft announced today that it earned a net income of $13.9 billion on revenues of $37.2 billion for the quarter ending September 30, increases of 30 percent and 12 percent, respectively, year-over-year (YOY).
“Demand for our cloud offerings drove a strong start to the fiscal year with our commercial cloud revenue generating $15.2 billion, up 31 percent year-over-year,” Microsoft CFO Amy Hood said in a prepared statement. “We continue to invest against the significant opportunity ahead of us to drive long-term growth.”
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Microsoft’s three top-level business units, Intelligent Cloud, Productivity and Business Processes, and More Personal Computing, delivered $13 billion (up 20 percent), $12.3 billion (up 11 percent), and $11.8 billion (up 6 percent) in revenues, respectively.
Some key data from the quarter: