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Real-time News
On September 3, Microsoft (MSFT.O) announced that it will begin disclosing quarterly sales figures for its Azure cloud business, a move that changes the companys long-standing practice of only reporting Azure revenue growth rates without disclosing specific revenue figures. Microsoft stated that given Azures scale and importance, now is the right time to increase transparency. This adjustment marks Microsofts first major overhaul of its primary financial reporting structure since 2015. Microsoft has merged its Intelligent Cloud and Productivity & Business Processes businesses into the "Agents & Infra" segment; the More Personal Computing business has been restructured into the "Devices & Consumer" segment. Microsoft stated that artificial intelligence is changing how the company builds and operates, blurring the lines between products and reshaping business models. The company previously disclosed that Azure sales exceeded $100 billion in the fiscal year ending in June, up from $75 billion in the previous fiscal year, representing approximately 30% of Microsofts total revenue. This new reporting structure will be officially implemented when Microsoft releases its first-quarter fiscal 2027 financial results.Microsoft (MSFT.O): Adjusted its outlook for the first quarter of fiscal year 2027, expecting revenue from the Devices & Consumer business to be between $14.7 billion and $15.2 billion.Microsoft (MSFT.O): Under the new reporting structure, Azure will "become a more purely consumer-based cloud platform and infrastructure business."Microsoft (MSFT.O): Adjusted its outlook for the first quarter of fiscal year 2027, expecting revenue of $75.15 billion to $75.75 billion for its Agents & Infra business.Microsoft (MSFT.O): Artificial intelligence is "blurring the lines between our products and reshaping our business model."
