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Microsoft's July-September quarter sees 19% revenue growth, Azure up 48%, with AI demand driving growth
AI summary
Editorial policyMicrosoft's July-September quarter showed 19% revenue growth and 32% net income growth, with Azure accelerating to 48% growth driven by AI demand.
Key points
- •Revenue increased by 19% year-over-year, and net income grew by 32%.
- •Business units were reorganized into two, with Azure growing 48% in the cloud-focused division.
- •Driven by the expansion of Copilot and AI development platforms, capital investment is expected to exceed $50 billion next period.