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Microsoft announced it will disclose Azure cloud business quarterly revenue in USD for the first time, and adjust its business reporting structure.
Microsoft announced in a presentation on Wednesday that it will disclose the quarterly revenue of its Azure cloud business in U.S. dollar terms for the first time, aiming to provide a clearer picture of the business. This move is part of a restructuring of Microsoft's reporting framework, which will streamline its operating segments from three to two. Under the new definition, Azure's revenue for the June quarter was $20.71 billion, a year-over-year increase of 42%.
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