Microsoft's cloud brings rain of revenue but modest M365 AI revenue harvest
The Register ● Covered by 4 sources
Microsoft reported $90 billion in quarterly revenue with 18 percent growth, driven by cloud services reaching $59.3 billion (up 27 percent) and Azure growing 43 percent. Microsoft 365 Copilot reached 30 million paid seats out of 450 million commercial customers, while capital expenditure climbed to $115.95 billion for the full fiscal year, up 80 percent. The strong results and $678 billion in customer commitments suggest demand for AI infrastructure, though industry concerns persist about whether heavy AI spending will ultimately prove profitable.
Why it matters
Capex spending? What? Me worry?
