<ul><li>Microsoft reported strong Q3 earnings with $70.1 billion in revenue and $25.8 billion in net income.</li><li>The revenue is up by 13 percent, and net income has increased by 18 percent, beating Wall Street expectations.</li><li>The main driver of revenue growth was the cloud sector, with Microsoft Cloud revenue reaching $42.4 billion.</li><li>Xbox hardware revenue declined by 6 percent, but overall gaming revenue at Microsoft is up 5 percent. Xbox content and services, including Game Pass, increased by 8 percent.</li></ul>

Microsoft reports strong cloud growth in Q3 earnings

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