Microsoft’s Azure Fuels Record $92.3 Billion Quarter as Cloud and AI Lead Growth
Microsoft reported a landmark quarter, posting $92.3 billion in revenue for the first quarter of fiscal year 2027. The company’s cloud and AI investments — particularly Azure — drove the surge, offsetting weaker performance in Windows and Xbox. Operating income rose 21% to $45.9 billion, and net income jumped 32% to $36.6 billion, with Microsoft noting that investments in OpenAI affected the headline figure. Quarterly highlights Azure emerged as the…