Story perspectives
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.
