Microsoft Reveals Azure Revenue Reached $33.2 Billion Last Quarter
· Technology · TechCrunch
Microsoft has officially disclosed that its Azure cloud platform generated $33.2 billion in revenue during the July-September quarter. This figure represents a 48% increase compared to the same period last year and exceeded analyst expectations by approximately $850 million. The company now categorizes Azure under its new Agents and Infra business segment, which reported total quarterly revenue of $76.8 billion. While Azure remains a primary driver of growth, Alphabet reported that Google Cloud generated $30.7 billion during the same timeframe. Microsoft's disclosure allows for a more direct performance comparison with competitors like Amazon Web Services and Google Cloud.
Why it matters
The transparency regarding Azure's specific dollar earnings allows investors to more accurately assess Microsoft's competitive standing against Amazon and Google in the global cloud computing market.
Read the original report — TechCrunch
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