"Search and news advertising revenue excluding traffic acquisition costs increased 18% (up 19% in constant currency)." This indicates sustained growth in Microsoft's advertising segments despite a slight dip from last quarter.
"AI-driven transformation is changing work, work artifacts, and workflow across every role, function, and business process," said Satya Nadella, highlighting the integral role of AI in evolving business operations and Microsoft's approach to technology adaptation.
"Strong execution by our sales teams and partners delivered a solid start to our fiscal year with Microsoft Cloud revenue of $38.9 billion, up 22% year-over-year," stated Amy Hood, emphasizing strong cloud performance as a critical growth driver.
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