Microsoft's cloud brings rain of revenue but modest M365 AI revenue harvest

Microsoft on Wednesday reported $90 billion in revenue for the quarter ended June 30, an increase of 18 percent, lifting its stock more than 7 percent in after hours trading. The cash intake was more than Wall Street analysts anticipated, and showed up where it counted – the company's cloud business and AI services. Microsoft …

[Evaluator]

I can still remember Microsoft but at this point, even the memory is becoming hazy.

[Anonymous Coward]

Usage-based pricing started on the 1st of June but MS stopped companies fleeing by giving them more AI credits until the 1st of September. Numbers may start dropping afterwards once it becomes clear that Copilot is not useful after all.