Cloud Services And AIAzure remains a key growth engine, with total revenue growing 16% YoY, driven by strong demand for its cloud and AI-enabled services.
Financial PerformanceQuarterly net income was up 11% YoY to US$24.7bn, 6% better than consensus, aided by better than feared margin impact from AI related investments and operating efficiency gains of productivity and business process business.
Market LeadershipMicrosoft is the market leader in the productivity software market, enjoying competitive advantages such as a leading product range and widespread market presence.