No responders reported rolling out GenAI capabilities, however, according to the report.Ī recent report from investment firm Morgan Stanley put the productivity and business processes (PBP) segment revenue at $19 billion for the second fiscal quarter, up about 12 percent year over year. The number of responders reporting a high interest among customers for generative AI ( GenAI) grew from the previous quarter – increasing to 85 percent from 75 percent. Microsoft Q1 ResultsĪ recent survey of value-added resellers (VARs) by investment firm KeyBanc showed that the number of VARs reporting Microsoft business meeting or beating expectations increased to 91 percent from 88 percent the prior quarter and 80 percent the quarter before that, giving the firm confidence in Tuesday’s quarterly results.
Microsoft will report results for the first quarter of its 2024 fiscal year, which started July 1. These are some of the topics analysts are likely to ask the executives of Redmond, Wash.-based Microsoft on Tuesday’s quarterly earnings call. Growth in Microsoft cloud offerings and the continued decline of PCs. The revenue and cost potential of generative artificial intelligence.
