Today Microsoft published their earnings report for Q3 2017, revealing a pretty impressive increase in revenue since the same period last year, which was set at $4.8 billion in net income and $22.1 billion in revenue for the 3rd quarter of 2017.
Despite this increase, revenue from the Microsoft Surface was down, with a reduction in revenue by 26 percent to $831 million, which is still pretty decent revenue for such a product that has so much competition.
Thankfully, for Microsoft at least, Windows OEM revenue was up by 5 percent year-over-year, with an increase in revenue from Windows commercial products and cloud services revenue by 6 percent.
Office commercial products and cloud services revenue also increased 7 percent year-over-year, and Microsoft also saw an increase in both revenue from Office consumer products and cloud services by 15 percent and an increase in Office 365 consumer subscribers with a total of 26.2 million.
Server products and cloud services revenue also increased by 15 percent, and Microsoft Azure itself rose by a staggering 93 percent.
As expected, revenue from their phone division also decreased to $730 million in Q3 2017.
This is also the first quarter that Microsoft is counting contributions from LinkedIn, which produced $975 million in revenue for the quarter.
This all means that Microsoft is still doing pretty well when it comes to Windows and their cloud services, however, it does also seem as though they are relying on this revenue, it’s possible that it might not last much longer.