MSFT stocks lost more than 30% off their peak prices but the company is keeping strong positions across all business sectors. Its wide scale product line is highly appreciated by its business clients and there are no signs that point to the situation changing somehow in the future.

According to the Q3 2022 earnings report the company’s revenues are up by 16% year-on-year to $50.122 billion, while net income us up by 8% to $16,728 billion, and EPS rose by 11% due to the buybacks from the market. Strong corporate business segment results overshoot the retail segment as business applications such as Microsoft 365 E5 and cloud services reported growth of 15% and 26% respectively, while the personal computing segment delivered 3% growth year-on-year amid falling personal computer sales.

The three major business drivers for Microsoft and from which revenue is accumulated are: the Azure cloud computing segment, that is the second in the market after Amazon’s AWS, advertising on LinkedIn and Bing, and gaming. Business Fortune Insights has forecasted that the gaming industry would go up by 13.2% CAGR from 2021 to 2028 to $545.98 billion. Microsoft currently occupies 20% of this market  and may boost its share up to 27% by 2026. So, the company has strong possibilities of delivering rising revenues in the future.