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The Dark Cloud in Microsoft’s Otherwise Bright Earnings Report

It seems that Microsoft’s bet on OpenAI is paying off.
Google Accuses Microsoft of Anti-Competitive Cloud Practises
In a recent statement, Microsoft released the specifics of their second quarter earnings. The release showed that Azure was one of the biggest revenue drivers for the company in the last quarter, with revenue growing by $27.1 billion on the back of the AI services provided on the platform.  Other big earners for the company included Office 365, LinkedIn, Bing, and Microsoft server products. However, other offerings, such as Microsoft Surface, Windows, and Xbox, were deemed lossmakers for the company. But, what does this varied profit-loss pattern across offerings entail for the future of Microsoft?  Lossmakers While many offerings by Microsoft were evidently profitable, a number of them witnessed a downturn in the last quarter. These included the first-party devices segm
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Picture of Anirudh VK
Anirudh VK
I am an AI enthusiast and love keeping up with the latest events in the space. I love video games and pizza.
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