AWS, Microsoft, and Google Cloud Report Competitive Q4 2024 Earnings Amid AI Growth

#AI Growth#Azure#Google Cloud Platform#Technology#Microsoft Azure#Microsoft#Cloud Computing#Financial Earnings

1596+ Words Refined into 7 Facts by AI • 2 sources • 35m ago

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AWS, Microsoft, and Google Cloud reported Q4 2024 financial earnings.
Enterprise spending on cloud services reached $90.6 billion in Q4 2024.
AWS generated $28.8 billion, Microsoft $25.5 billion, Google Cloud $12 billion.
Google Cloud's sales grew 30 percent year over year, outperforming competitors.
AWS leads market share with 30 percent, Microsoft at 21 percent.
Microsoft's operating income was $10.85 billion, AWS $10.6 billion.
Amazon and Alphabet reported revenues of $188 billion and $96.5 billion.

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Microsoft Azure Faces Revenue Slowdown and Employee Issues

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