Microsoft Reveals Azure's $29.4 Billion Quarterly Sales as It Recasts Divisions for AI
Updated
Updated · Yahoo Finance · Sep 3
Microsoft Reveals Azure's $29.4 Billion Quarterly Sales as It Recasts Divisions for AI
3 articles · Updated · Yahoo Finance · Sep 3
Summary
$29.4 billion in Azure revenue for the June quarter was disclosed in Microsoft's first release of exact quarterly sales for the cloud unit after years of reporting only growth rates.
Historical figures showed Azure topped $100 billion in annual sales in the latest fiscal year, up from $75 billion, making it nearly 30% of Microsoft's total revenue.
Microsoft paired the disclosure with a reorganization, merging Intelligent Cloud and Productivity and Business Processes into "Agents and Infra" and renaming More Personal Computing as "Devices and Consumer."
Satya Nadella said AI is blurring product boundaries and reshaping business models, underscoring why Azure has become a central metric for investors tracking Microsoft's growth.