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Microsoft Surpasses Expectations, Fueled by Azure’s Accelerated Growth

Segment-Wise Performance: Exceeding Expectations

Microsoft’s Intelligent Cloud segment, encompassing Azure, SQL Server, Windows Server, and other services, generated $25.88 billion in revenue, a 20% increase and higher than the $25.29 billion consensus. Notably, Azure and other cloud services experienced a 30% revenue growth, outpacing the 27.5%-27.7% range anticipated by analysts. This robust growth in Azure underscores Microsoft’s increasing dominance in the cloud sector.

The Productivity and Business Processes unit, including Office, LinkedIn, and Dynamics, also performed admirably, generating $19.25 billion in revenue (up 13%) and surpassing the $18.99 billion consensus. The More Personal Computing segment, comprising Windows, Surface, Bing, and Xbox, contributed $16.89 billion, a 19% increase and above the consensus of $16.79 billion. These figures indicate a well-rounded performance across Microsoft’s…
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