Microsoft reports Q3 revenue up 7% YoY to $52.9B, net income up 9% YoY to $18.3B, Office Commercial up 13% YoY, Dynamics 365 up 25% YoY, and LinkedIn up 8% YoY
REDMOND, Wash. — April 25, 2023 — Microsoft Corp. today announced the following results for the quarter ended March 31, 2023 …
Microsoft
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Discussion
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@fxshaw
Frank X. Shaw
on x
And of course, Bing has more than 100 million daily active users and daily installs of the Bing mobile app have grown 4X since launch 😊We look forward to continuing this journey in what is a generational shift in the largest software category - search.
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@fxshaw
Frank X. Shaw
on x
· In 3 months since we made Copilot for Business broadly available, over 10,000 organizations have signed up · We have nearly 33 million MAU of Power Platform, up nearly 50% YoY · Teams usage is at an all-time high and surpassed 300 million MAU this quarter
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@tsoh_investing
Alex Morris
on x
Microsoft Cloud run rate revenues to ~$114 billion. To put that number in context, Microsoft's TOTAL revenues were ~$110 billion in fiscal 2018. https://twitter.com/...
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@fxshaw
Frank X. Shaw
on x
· Nearly 720,000 organizations use Azure Active Directory, up 33% YoY · Nearly 600,000 customers now have four or more security workloads, up 35% YoY · LinkedIn saw record engagement with more than 930 million members
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@fxshaw
Frank X. Shaw
on x
We continue to focus on 3 priorities: 1) Helping customers use the breadth and depth of the Microsoft Cloud to get the most value out of their digital spend
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@patrickmoorhead
Patrick Moorhead
on x
Interesting @microsoft statements this quarter on gaining share in @Azure, Dynamics, Security, @MicrosoftTeams, @LinkedIn, and @MicrosoftEdge. I like this more aggressive Microsoft. $MSFT
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@epro
Emil Protalinski
on x
$MSFT Q3 2023 Revenue up 7% to $52.9 billion Net income up 9% to $18.3 billion Azure up 27% Office Commercial up 13% Office 365 Commercial up 14% Office Consumer up 1% LinkedIn up 8% Windows OEM down 28% Windows Commercial up 14% Devices down 30% Xbox up 3%
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@fxshaw
Frank X. Shaw
on x
Sharing some momentum metrics Satya noted on our earnings call: · We have more than 2,500 Azure OpenAI Service customers, up 10X QoQ · We have more than 15,000 Azure Arc customers, up over 150% YoY · 76% of the Fortune 500 use GitHub to build, ship, and maintain software
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@carnage4life
Dare Obasanjo
on x
Office 365 and Azure are really the crown jewels of Microsoft's business right now. Both Windows revenue and XBox hardware revenue are down 30% year over year. Windows is suffering due to the PC upgrade cycle as everyone bought new devices during COVID. https://www.theverge.com/.…
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@timmisiak
Tim Misiak
on x
I forget, what was the justification for that Microsoft layoff again? https://www.cnbc.com/...
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@jordannovet
Jordan Novet
on x
Microsoft's quarterly earnings call is starting. big picture: - Azure growth bit better than feared - big expected Windows OEM slump continues - Office ARPU bump comes in handy more to follow here https://www.cnbc.com/...
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@tomwarren
Tom Warren
on x
Microsoft CEO Satya Nadella on Xbox in Q3, 2023 fiscal. “We set third quarter records for monthly active users and devices.” Nearly $1 billion in revenue from subscriptions this quarter, too https://www.theverge.com/... https://twitter.com/...