Microsoft Cloud Makes Over 50% of Total Revenue | FY24 Q3 Results
Microsoft's cloud business has emerged as a prominent contributor to the company's total revenues, exceeding 50% as per the Microsoft FY24 Q3 results. Though the report did not offer new user numbers for Office 365 or Teams, it revealed that Copilot and Azure are popular Microsoft terms. While statistics were presented without context, investors are not too concerned as Microsoft continues to generate significant revenue from its cloud business at a healthy margin.
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