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Azure Sales Jump 48% as Microsoft Boosts Data Centers

By Drooid · · How we work

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  • Microsoft spent $45.2 billion on capital expenditures for data centers in the quarter ending September.
  • Revenue rose to $92.3 billion, a 19 percent year-over-year increase.
  • Azure sales climbed 48 percent to $33.2 billion, beating analysts’ 45 percent growth expectation.
  • Microsoft added 24 data centers across five continents during the quarter.
  • Shares rose more than 4 percent in after-hours trading after the earnings release.