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Microsoft just released its financial results, and let’s just say they’re riding a seriously lucrative wave. With a whopping $76.4 billion in revenue for the quarter, they’ve pulled off an 18% boost compared to last year. This surge is largely thanks to their booming cloud services and AI programs, proving that Microsoft isn’t just a relic of the past—it’s still at the tech forefront!
What’s even more impressive is that their Intelligent Cloud segment, which includes Azure, contributed a staggering $29.9 billion to that total. Azure alone surpassed $75 billion in annual revenue, marking a 34% increase year-over-year. It’s like Microsoft’s cloud division is throwing a party, and everyone’s invited. Tell us, when’s the last time you went to a tech party where the profits were the life of the party?
On the broader fiscal front, Microsoft reported total revenue of $281.7 billion for the full year, showing a solid 15% increase from last year. And while CEO Satya Nadella seems optimistic about the future, he’s also keeping an eye on potential risks. Is growth sustainable, or is there a storm brewing on the horizon? It’s thrilling to watch, but is anyone else wondering what’s next for the giant of tech?
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