Microsoft Q3 2024: Xbox, Surface Revenue Down; Office, Cloud Bring Biggest Business
by Tech Times
Tech Times— Microsoft's Q3 2024 report reveals that Xbox and Surface's hardware are still down, but Office and Cloud are its holy grail.
Neowin—Microsoft made $61.9 billion in revenue for fiscal Q3 2024, up 17 percent from a year ago. Microsoft brought in $61.9 billion in revenue for its fiscal third quarter of 2024, which ended on March 31, 2024. Those numbers were up 17 percent from the same time period a year ago.
MSPoweruser—Cloud and AI give Microsoft a very strong Q3 result. Microsoft’s quarterly sales and profit exceeded expectations, thanks to strong demand for the company’s cloud computing and artificial intelligence products. Just this week, Microsoft announced deals with Coca-Cola and Cognizant. Revenue for the third quarter, which ended March 31, rose 17% to $61.9 billion, while profit was $2.94 per share. Analysts had expected earnings per […]
@cityam—Microsoft's UK revenue soars on success of cloud storage services. Microsoft's UK revenue surged to over $8bn as it added 600 new staffers last year, according to new company filings.