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Microsoft General Revenue Up, Except for Personal Computing

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Microsoft General Revenue Up, Except for Personal Computing

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Microsoft’s just-announced fourth quarter 2023 results paint a rosy picture in general: almost all of the company’s revenue sources increased year-on-year with the glaring omission of our bread and butter, personal computing. Other Microsoft business areas showed an average 14% uptick, but the company’s “More Personal Computing” unit, which includes Windows OS and Xbox revenue, showed a 4% decrease. There, Xbox Content and Services (which includes Game Pass) saw a 5% revenue increase, with advertising revenue also coming for a save due to its 8% growth.

Unsurprisingly, Microsoft’s biggest growth areas centered around Cloud Computing (Dynamics products and cloud services in the company’s parlance), which saw a 19% growth and AI (Azure server products and cloud services). Interestingly and despite it being a much newer technology, AI was seemingly hot on the heels of general cloud computing results, posting a significant revenue increase of around 26%.

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