Microsoft continues to have its head in the cloud, today citing cloud offerings for driving its third quarter results.
For the three months ended March 31, Microsoft saw company-wide revenues up 14% to $30.6 billion, with net income up 19% to $8.8 billion. Its commercial cloud offerings showed particularly strong growth, up 41% year-over-year to $9.6 billion for the quarter.
As for the gaming division that includes the Xbox business, revenues were up 5% year-over-year to $2.36 billion. Microsoft explained that hardware revenues were down for the quarter, but that was offset by the company's gaming software and services offerings, where sales jumped 12% driven by monetization and subscription growth for third-party titles.
Microsoft also reported 63 million monthly active Xbox Live users, which is up from 59 million year-over-year, but down from the previous quarter's 64 million.
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