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Microsoft beats expectations but AI revenue leaves market cold

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Microsoft beats expectations but AI revenue leaves market cold

Good news for Microsoft. The third most valuable company in the world, and the third of the “Magnificent Seven” to report results, exceeded expectations, driven by the “cloud” sectorwhile that of enterprise AI continues to grow at a good pace, although without reaching the same levels. Some positive data but which left the market a little cold, with increases of 1% outside of opening hours.

The headlines, however, are very clear: revenues reached $65.59 billion, a figure Growth of 16% over one yearexceeding the estimated 64.510 million. Something similar happens with profits: reach $3.30 per share, exceeding the estimate of 3.11. This equates to $24.7 billion, 11% more than the same quarter last year.

The key to its advantages came thanks to Azure, Microsoft’s “intelligent cloud”, whose turnover increased by 33% year-on-year. On the other hand, the Business and Productivity sector, which includes AI applied to businesses has only grown by 12%meeting expectations but without yet triggering the desired wave of growth.

The company’s CEO, Satya Nadella, continues to believe in this possibility. “AI-driven transformation changes the work environment, the workflow and the work itself. This creates new opportunities and new customers as we develop the technology on our platforms.

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