Image: The Verge
Microsoft just posted the third quarter of its 2024 fiscal financial results. The software maker made $61.9 billion in revenue and a net income of $21.9 billion during Q3. Revenue is up 17 percent, and net income has increased by 20 percent.
This is the second quarter in a row that Microsoft is including its additional revenue from its Activision Blizzard acquisition that’s pushed gaming to be Microsoft’s third-largest business last quarter, above Windows. This time around it’s back into fourth place, thanks to stronger than expected Windows OEM revenue this quarter.
Investors are also looking to see signs of revenue from Microsoft’s big AI investments over the past year, especially on the Azure OpenAI side, where the company charges…
