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Microsoft posted revenue of $82.9 billion, up 18%. Azure grew 40%. AI business hit $37 billion ARR growing 123%. Microsoft Cloud surpassed $54.5 billion. We break it down in plain English.
Microsoft beat expectations with $72.3 billion in revenue (up 12%) and $3.23 EPS. But Azure growth slowed to 31%, down from 34% last quarter. The stock fell 4% after hours as investors worry about AI capex returns.
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