Microsoft Discloses Azure Sales and Lowers Azure Revenue Forecast Slightly
Microsoft reported Azure sales of $29.4 billion for the quarter and $101.9 billion for its fiscal year through June 30, a comparison against rivals’ cloud numbers. It also slightly lowered its Azure revenue forecast after reclassifying some GitHub sales into its M365 Cloud software business that includes most advanced AI offerings. Shares rose about 1.4% after hours.
Coverage (7)
- Microsoft Finally Reveals Azure's $29.4 Billion Core (finance.yahoo.com)
- Microsoft Prepares to Disclose Standalone Azure Cloud Revenues in Major Reporting Overhaul (tikr.com)
- Microsoft Changes Reporting Structure To Reflect Shift To AI (mediapost.com)
- Microsoft Changes Reporting Structure To Reflect Shift To AI (mediapost.com)
- Microsoft restructures reporting segments around AI in fiscal 2027 (qz.com)
- Microsoft restructures reporting segments around AI in fiscal 2027 (finance.yahoo.com)
- Microsoft reveals Azure cloud sales in financial reporting shift (reuters.com)