According to CoinMeta, [AI Commercialization and cashing in? Microsoft's financial report shines: Azure Surges 48% year-on-year, cash flow shrinks but remains positive] reported by Cailian News on October 29th. On Wednesday after the market closed in Eastern Time, Microsoft announced its financial results for the first fiscal quarter of 2027 (ending in September). Benefiting from a 48% year-on-year surge in revenue from its Azure cloud business, the overall financial report far exceeded expectations. Notably, Microsoft disclosed Azure cloud revenue in US dollars for the first time in its financial report, with this quarter amounting to 33.17 billion dollars, a growth of 48%. Analysts surveyed by StreetAccount had previously expected 32.32 billion dollars, which is a growth of over 44%. The growth rate for the June quarter (i.e., the fourth fiscal quarter of 2026) was 43%.