Microsoft has declined to comment on that number.“Introducing the new Microsoft Sudoku, the #1 logic puzzle game that makes the most of your Windows 8 device. Microsoft doesn’t reveal the total revenue for its Azure business, though a document inadvertently disclosed during its recent court fight with the FTC showed it as $34 billion last year, Hindlian-Bowler said. We still expect a successful close as the company works toward an amenable solution that satisfies the UK’s concerns, Hindlian-Bowler said in an analyst note ahead of Tuesday’s earnings. The US Federal Trade Commission also opposed the transaction but lost a court fight to stop it.Īlso read: Tech giants Amazon, Google, Meta, Microsoft voluntarily agree to AI safeguards More than 18 months after announcing the $69 billion deal, Microsoft is still negotiating with a British anti-trust regulator over concerns it will harm competition. Macquarie analyst Sarah Hindlian-Bowler said investors have been focused on Microsoft’s early revenue from those AI investments, the performance of the Azure cloud computing platform and the likelihood that Microsoft will close its deal to buy video game company Activision Blizzard, which could help boost gaming revenue and drive more users to the Xbox game system and other Microsoft platforms. It capitalised on its multi-billion dollar investments in ChatGPT-maker OpenAI to launch a chatbot for Microsoft’s Bing search engine and similar tools tailored to its business customers. Microsoft was an early mover in this year’s hype around generative AI tools that can help people write documents and create new images and other media. Organisations are asking not only how but how fast they can apply this next generation of AI to address the biggest opportunities and challenges they face safely and responsibly, he said in a prepared statement. According to FactSet Research, analysts had been looking for revenue of $55.49 billion.ĬEO Satya Nadella said the company remains focused on leading the new AI platform shift. It posted revenue of $56.2 billion in the April-June period, up 8 per cent from last year. Microsoft on Tuesday (July 26) reported fiscal fourth-quarter profit of $20.1 billion, or $2.69 per share, beating analyst expectations for $2.55 per share.
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