Microsoft Q3 2023: Windows, devices, and Xbox down again

Illustration of the Microsoft wordmark on a green background Image: The Verge

Microsoft just posted the third quarter of its 2023 fiscal financial results. The software maker made $52.9 billion in revenue and a net income of $18.3 billion during Q3. Revenue is up 7 percent, and net income has increased by 9 percent.

Microsoft had a tough quarter for Windows and devices revenue last quarter, and Q3 isn’t much different. Windows OEM revenue, the price that PC manufacturers pay Microsoft to put Windows on lapt...

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