Microsoft is still suffering from a computing capacity crunch despite massive spending on data centres, a scenario that weighed on the company’s closely watched Azure cloud unit. During the first quarter, the company lavished a whopping $34.9 billion (€30 billion) on capital expenditures including leases, which indicates outlays on server farms. Demand for Azure services is “significantly ahead of the capacity we have available,” she said during a call with analysts. Microsoft’s total revenue increased 18 per cent to $77.7 billion in the fiscal first quarter, while profit was $3.72 a share. In the current quarter, Microsoft expects revenue to be between $79.5 billion and $80.6 billion.

Source: The Irish Times October 30, 2025 16:14 UTC