By Joseph Branch in IT —

Microsoft revenue for the quarter increased by 20%, to $51.7 billion, net income - 21%, to $18.8 billion.

Microsoft revenue for the quarter increased by 20%, to $51.7 billion, net income - 21%, to $18.8 billion.
Photo by Mohammad Rezaie / Unsplash


Most of it came from cloud services.

The company's total revenues for the second quarter of its fiscal year rose 20% from a year ago and net income rose 21%. This was higher than analysts' forecasts, CNBC reports.
Microsoft Intelligent Cloud revenue, which includes Azure, GitHub, Windows Server cloud services, was $18.33 billion - about 35% of the total. Another 30% came from products in the productivity and business process category.
Sales of licensed Windows products grew 25%. Revenue from Xbox games and services was up 10%, console sales were up 4%, and from LinkedIn was up 37%.
Revenue from search and news advertising, excluding the cost of attracting traffic, increased 32%.