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In the third quarter of its 2019 fiscal year, which continued until March 31, 2019, Microsoft's business revenue amounted to $ 30.6 billion, up from $ 30.6 billion. 14% compared to the previous year. Operating profit rose 25% to $ 10.3 billion, net income up 19% to $ 8.8 billion and earnings per share from 20% to 1.14.
Microsoft has three reporting segments: Productivity and Business Processes (covering Office, Exchange, SharePoint, Skype, Dynamics, and LinkedIn), Intelligent Cloud (including Azure, Windows Server, SQL Server, Visual Studio, and Enterprise Services) and More. personal computer. (covering Windows, hardware and Xbox, as well as search and advertising).
Productivity revenue rose 14 percent to $ 10.2 billion and operating income rose 28 percent to $ 4.0 billion. In the division, there is not so much that people stand out, but rather a strong growth in the whole division; The business sales of Office products and services business grew by 12%, the business consumer figure of 8%, the Dynamics business figure of 13%, the business figure. Dynamics 365's 43% and LinkedIn's business figure of 27%. The number of Office 365 business seats is up 27%, with over 180 million active users per month. The number of Office 365 consumer subscribers increased by 12%, reaching 34.2 million. The transition to the cloud continues to move where Microsoft earns its money: while Office 365 business revenue was up 30%, Perpetual Licensed Office revenue dropped 19%.
The smart cloud business figure grew 22% to $ 9.7 billion, while operating profit rose 21% to $ 3.2 billion. As always, these figures are more obscure than we would like, Microsoft has always chosen not to give a figure too heavy for Azure. Overall revenue for server products and cloud services grew by 27 percent, Azure by 73 percent, and server revenue by 7 percent. This growth in server products is due in part to the imminent end of life of Windows Server 2008 and SQL Server 2008. The installed base of Enterprise Mobility has increased by 53%, reaching more than 100 million currently managed desktops. via the service. The business services business figure increased 4%.
And now, for the most surprising result
Personal computing revenues grew 8% to $ 10.7 billion, and operating profit by 25% to $ 3.2 billion. Windows OEM Pro revenue increased by 15%, which Microsoft attributes to a combination of the previous quarter's accumulated demand, which was finally met due to greater availability of Intel processors and higher than expected demand for commercial systems. The turnover of the non-professional manufacturers fell by 1%, but it remains higher than that of the market of the personal computers, once again thanks to the demand repressed of the preceding quarters due to the shortage of chips. Subscription and Windows service revenues increased by 18%.
Surface revenues also increased 21% to $ 1.3 billion. Overall gaming revenues grew 5% to $ 2.4 billion, with software and services revenues up 12%, largely offsetting the decline in hardware revenues. The number of monthly active users on Xbox Live has also increased by 7%, reaching 63 million. Research revenues increased by 12%.
Gartner and IDC both noted that the company's hardware refresh, motivated by the imminent end of life of Windows 7, was starting to weaken. This replacement cycle has supported Windows Commercial and OEM Pro revenues over the past few quarters. This is expected to end soon, but Intel chips shortages mean that the upgrade process takes longer than it otherwise would have.
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