Microsoft Cloud Revenues Slow Slightly in FY23 Q1 Results

Microsoft Cloud revenues reached $25.7 billion in Microsoft's FY23 Q1 results. That sounds good, but it's a slowing over the rate seen in previous quarters. It might be the case that the size of the installed base is not growing as quickly as it once did, but Microsoft is making sure that it extracts as much revenue as it can from its cloud customers. That's a trend you can expect to continue