Microsoft reveals Azure's $33.2 billion revenue
microsoft disclosed azure's quarterly revenue as $33.2 billion, up 48% year-over-year, allowing direct comparison with amazon web services and google cloud. this affects investors and cloud market analysis.
microsoft disclosed azure's quarterly revenue as $33.2 billion, up 48% year-over-year, for the july-september quarter. this is a significant increase from the $32.3 billion analysts expected. azure's growth rate topped microsoft cfo amy hood's forecast of 44% to 45%. the revenue disclosure allows direct comparison with amazon web services and google cloud, which reported $30.7 billion and growing roughly twice as fast as azure. azure now accounts for 36% of microsoft's $92.3 billion quarterly revenue and is microsoft's largest and fastest-growing product line.