Microsoft just released its latest quarterly results and is still reporting massive growth in Office 365 and cloud revenue overall. Cloud revenue grew by 114% year over year and the number of Office 365. The home version of Office 365 has grown from 7 million to 9.2 million subscribers in a single quarter. Cloud revenue now represents a $5.5 billion a year run rate.
The Microsoft Surface 3 has also been a surprise hit with a 24% growth rate this quarter. Surface is now a $1.1 billion dollar business and is reasonably profitable.
Server products led by SQL Server and System Center also grew by 9%.
