Microsoft’s general enterprise remains to be going robust, despite the fact that it is not seeing the shockingly enormous revenue progress it noticed final 12 months. In its Q2 earnings report today, firm reported income of $51.7 billion (up 20 p.c from final 12 months) with income of $18.8 billion (up 21 p.c). As standard, Microsoft has its unstoppable cloud enterprise to thank, in addition to a good displaying from its PC group, Office and different enterprise merchandise. Its Intelligent Cloud enterprise grew by 26 p.c, reaching $18.3 billion, whereas its Productivity and Business group noticed revenues enhance by 19 p.c to succeed in $15.9 billion.

There weren’t any true main weak hyperlinks this quarter — even Surface income, which Microsoft beforehand anticipated to dip a bit, grew by 8 p.c because of robust Surface Laptop gross sales. Windows OEM revenues additionally elevated by 25 p.c, not an enormous shock for the reason that general PC trade remains to be going robust. Where the PC enterprise goes, Microsoft’s revenues will comply with, in any case. When it involves Office, the corporate says its client income elevated by 15 p.c, and that it has reached 56.4 million Microsoft 365 subscribers.

While Microsoft’s earnings studies have mainly appeared the identical over the previous few years — Cloud good! Revenues develop! — the corporate’s numbers will look a bit totally different as soon as it finalizes its $68.7 billion acquisition of Activision Blizzard in 2023. At the very least, we’ll get to see how a lot the brand new Microsoft Gaming division truly helps (or hurts) Microsoft’s general enterprise.