Microsoft Adjusts Revenue Guidance for Better Cloud Insights. Azure's Projected at 33%.

Microsoft has updated its quarterly revenue guidance to offer more precise insights into its cloud infrastructure business. Microsoft has reorganized its segments, moving key services to align Azure's revenue with consumption, and projects 33% revenue growth for Azure in the upcoming quarter. The changes complicate comparisons with competitors like Amazon’s AWS and may make it harder for investors to gauge the health of Microsoft's core Office subscriptions. Microsoft maintains its overall revenue forecast for the quarter.