Xbox software and services earnings increased by around 36%. Even though Microsoft has remained rather hands off on its LinkedIn acquisition, it did count the social networks revenue growth as increasing year over year to the tune of 33%.
The software company, which has been reinvigorated under its chief executive Satya Nadella in recent years, posted a profit of $8.8bn (£6.8bn) for the three months to the end of September.
Microsoft stock skyrocketed 43 percent during its record fiscal year, reaching the $100 per share threshold for the first time at the beginning of July. "It's not yet clear what that means", Frank said.
For gaming, revenue was up 44% with Xbox hardware reporting a significant 94% growth in revenue; the prior year was soft from no new hardware releases; Xbox Live is now up to 57 million monthly active users. While most companies are bipedal in their core revenue concentrations such as Google with Android & Search, Apple with the iPhone and Mac or Amazon and online shopping and AWS, Microsoft appears to be slowly building out multiple sustainable multibillion-dollar businesses year over year.
The tech giant said it earned $1.14 a share on revenue of $29.1 billion, beating both the $0.95 and $27.92 billion that analysts surveyed by Bloomberg were anticipating.More news: US has taken toughest action against Chinas unfair trade practices
Revenue from Microsoft's personal computing division, its largest by revenue, rose 14.6 percent to $10.75 billion.
Xbox has the key gaming community and the monetization capabilities.
On the Office side, Microsoft now has 155 million commercial customers and over 32 million consumers now using Office 365.
Microsoft's shares were up 3.4 percent to $105.84 in after-hours trading Wednesday, after slipping 5.4 percent in the regular trading session amid a broad sharp market decline.