云力挺微软上季营收加速增长18%，Azure全财年收入增34%，AI支出新高，盘后一度大涨8%

Core Viewpoint - Microsoft reported strong financial results for Q2, with revenue growth accelerating to 18%, driven by AI applications and cloud consumption, particularly in Azure, which saw a 39% increase in revenue, marking the highest growth in two and a half years [1][3][13]. Financial Data Summary - Revenue: Q2 revenue reached $76.44 billion, a year-on-year increase of 18%, surpassing analyst expectations of $73.89 billion, and up from 13% growth in the previous quarter [6][13]. - EPS: Diluted earnings per share (EPS) for Q2 was $3.65, a 24% increase year-on-year, exceeding analyst expectations of $3.37, and up from 17.7% growth in the previous quarter [7][13]. - Operating Profit: Q2 operating profit was $34.3 billion, reflecting a 23% year-on-year increase, compared to 16% growth in the previous quarter [8]. - Net Profit: Q2 net profit was $27.2 billion, a 24% increase year-on-year, up from 18% growth in the previous quarter [9]. Segment Performance Summary - Commercial Cloud: Revenue from commercial cloud services, including Office and Azure, was $46.7 billion in Q2, a 27% year-on-year increase, exceeding analyst expectations of $45.96 billion, and up from 20% growth in the previous quarter [10]. - Intelligent Cloud: The intelligent cloud segment, which includes Azure, Windows Server, and other services, generated $29.9 billion in revenue, a 26% year-on-year increase, surpassing analyst expectations of $29.1 billion, and up from 21% growth in the previous quarter [10]. - Productivity and Business Processes: This segment, which includes Microsoft 365 Copilot AI tools, reported $33.1 billion in revenue, a 16% year-on-year increase, compared to 10% growth in the previous quarter [11]. - More Personal Computing: Revenue from this segment, which includes Windows, Surface, Xbox, and Activision Blizzard, was $13.5 billion, reflecting a 9% year-on-year increase, up from 6% growth in the previous quarter [11]. Capital Expenditure Summary - Capital Expenditure: Q2 capital expenditure reached a record $24.2 billion, a 27% year-on-year increase, and a 13.1% increase from the previous quarter, exceeding analyst expectations of $23.17 billion [9][17].