Microsoft reveals dollars-for-Azure revenue as it trims segments

1 min read
Source: CNBC
TL;DR Summary

Microsoft will start reporting Azure revenue in dollars and reduce its operating segments from three to two (Agents and Infra; Devices and Consumer). Azure revenue rose 42% to $29.42 billion in the June quarter, about one-third of total revenue, and Microsoft will provide two years of recast results while excluding GitHub cloud services and certain other offerings from Azure reporting, signaling a more consumption-based cloud business tied to AI growth.

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