Microsoft's revenue grew 16% in first quarter of 2024: Cloud business boosted results

[Redaktion]

The American company reported its first quarter (Q1) financial results, showcasing a 16% year-over-year increase in revenues that surged to $65.6 billion. The most notable growth came from the cloud division, which increased its revenues by 22% compared to Q1 2023.

https://www.notebookcheck.net/Microsoft-s-revenue-grew-16-in-first-quarter-of-2024-Cloud-business-boosted-results.912489.0.html

[magnus21]

It's a clear sign that more businesses are adopting cloud solutions not just for storage but That's Not My Neighbor also for more complex services like AI, analytics, and enterprise applications.