二季度微软营收创一年半最高季增速，EPS盈利增长加快至24%，Azure和其他云服务收入超预期增长39%、创两年半最高增速；微软首次披露Azure 收入，全财年收入超750亿美元、增34%；二季度资本支出环比重回增长、超预期增13%至创纪录的242亿美元。股价盘后一度涨近8%。 "人工智能（AI）领头羊"微软上个季度从营收到利润全线加速增长，比华尔街预期的更强劲，体现了AI应用和公共云消费两大潮流对业绩的推动。 在此前两个季度收入增长放缓后，最直接受益于AI技术应用的微软云业务收入增长提速，Azure等云服务收入增长将近40%，创两年半来最高季度增 速。微软首次单独披露Azure云的收入，全财年增超30%。微软的AI相关资本支出也超预期增长，消除了AI支出放缓的担忧。 微软CEO Nadella称："云计算和AI是各行各业业务转型的驱动力。我们正在整个技术领域进行创新，帮助客户适应这个新时代并发展。" 公布财报后，收涨逾0.1%的微软股价盘后涨幅迅速扩大，盘后涨幅曾接近8%。若周四开盘后保持如此涨势，微软将成为继英伟达之后第二只市值跻身 4万亿美元"俱乐部"的个股。 美东时间7月30日周三美股盘后，微软公布截 ...

Core Insights - Microsoft reported its highest quarterly revenue growth in a year and a half for Q2, with a revenue increase of 18% year-over-year, surpassing analyst expectations of 13% [5][12] - The company's earnings per share (EPS) grew by 24%, exceeding analyst predictions of 3.37 USD, reflecting strong performance driven by AI applications and cloud consumption [6][12] - Azure and other cloud services saw a remarkable revenue growth of 39%, marking the highest growth rate in two and a half years, with Azure's annual revenue exceeding 75 billion USD, up 34% [11][14] Financial Data - Q2 revenue reached 76.44 billion USD, a year-over-year increase of 18%, compared to 13% in the previous quarter [5][12] - Q2 diluted EPS was 3.65 USD, a 24% increase year-over-year, up from 17.7% in Q1 [6][12] - Operating profit for Q2 was 34.3 billion USD, reflecting a 23% year-over-year growth [7] - Net profit for Q2 was 27.2 billion USD, also up 24% year-over-year [8] Segment Performance - Commercial cloud revenue, including Office and Azure, was 46.7 billion USD, a 27% increase year-over-year [9] - Intelligent cloud revenue, which includes Azure, was 29.9 billion USD, growing 26% year-over-year [9] - Productivity and business processes revenue, including Microsoft 365 Copilot AI tools, reached 33.1 billion USD, up 16% year-over-year [10] - More personal computing revenue, including Windows and Xbox, was 13.5 billion USD, a 9% increase year-over-year [10] Capital Expenditure - Q2 capital expenditures reached a record 24.2 billion USD, a 27% increase year-over-year, reversing a decline from the previous quarter [8][14] - The capital expenditure growth of 13% in Q2 indicates a strong investment in AI and cloud infrastructure, alleviating concerns about a slowdown in spending [14]