Microsoft Q3 Revenues up 14pct to $30.6 Billion, Reaches $1 Trillion Market Valuation

[engine]

Microsoft has reported Q3 revenues up 14%, Year-on-Year, to $30.6 billion, with an operating income of $10.3 billion, up 25%, and has reached a $1 trillion market valuation.

Interestingly, it reported search advertising revenue, excluding traffic acquisition costs, increased 12%.

“Demand for our cloud offerings drove commercial cloud revenue to $9.6 billion this quarter, up 41% year-over-year,” said Amy Hood, executive vice president and chief financial officer of Microsoft. “We continue to drive growth in revenue and operating income with consistent execution from our sales teams and partners and targeted strategic investments.”

[graeme_p]

The growth in cloud (not just at MS) is amazing.