Microsoft's recent quarterly earnings reflect resilience, showcasing a 16 percent sales increase to $65.6 billion, despite the company's aggressive $20 billion AI investments.
The fiscal quarter, spanning July through September, marked significant growth for Microsoft, where profits rose 11 percent, primarily fueled by a 33 percent revenue increase in Azure and cloud services.
Despite a 29 percent decline in Xbox hardware sales, Microsoft's gaming division thrived, with content and services revenue surging by 61 percent, largely driven by the Activision acquisition.
Microsoft's strategy is evolving, moving beyond exclusive hardware-focused software to cross-platform availability, as exemplified by launching games like Sea of Thieves on PlayStation 5.
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