Microsoft income for the third fiscal quarter fell to 4.99 billion dollars, down 12 per cent year-on-year, the company announced Thursday, according to dpa. But the technology giant still beat analysts' profit expectations with strong growth in its cloud computing sector. Revenues increased 6 per cent to 21.73 billion dollars, driven by 106-per-cent growth in commercial revenue from Microsoft's cloud businesses, which include subscriber software services Office 365, Azure and Dynamics CRM Online. Consumer subscriptions to Office 365 increased 35 per cent to 12.4 million, Microsoft said. "Around the world, we're seeing high interest in deployment of our cloud and server products," chief operating officer Kevin Turner said in a press release.
