Channel NewsAsia
Channel NewsAsia
AsiaPac · 1 hrs ago

Microsoft reveals Azure cloud sales in financial reporting shift

SAN FRANCISCO, Sept 2 : Microsoft on Wednesday reported sales from its Azure cloud computing unit on a quarterly basis for the first time, providing a direct comparison to its top rivals Amazon.com and Alphabet's Google as the three compete in the computing market amid an AI data center boom.Microsoft said that Azure had $29.4 billion in sales in its most recently ended quarter and $101.9 billion in sales in its most recent fiscal year ended June 30. The figures place Microsoft behind Amazon, whose cloud sales were $42.2 billion in its most recent quarter, but ahead of Google, which reported $24.8 billion in cloud sales in its most recent quarter.Microsoft previously reported a closely watched growth rate for Azure but not its sales. Microsoft will move from three reporting segments to two
Channel NewsAsia
Do you trust Channel NewsAsia?
Sign in to rate
Discussion
?

No comments yet — be the first to start the discussion!