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We expect capital expenditures to increase materially on a sequential basis, driven by investments in our cloud and AI infrastructure and the slip of a delivery date from Q2 to Q3 from a third-party provider noted earlier.
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2024 Q2
19 Feb 24
Microsoft Cloud gross margin percentage should decrease roughly 1 point year-over-year.
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2024 Q2
19 Feb 24
Segment gross margin dollars increased 34% and 32% in constant currency with 17 points of net impact from the Activision acquisition.
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2024 Q2
19 Feb 24
Operating expenses increased 38% with 48 points of impact from the Activision acquisition, partially offset by 6 points of favorable impact from the prior year Q2 charge.
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2024 Q2
19 Feb 24
Office Commercial licensing declined 17% and 18% in constant currency
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2024 Q2
19 Feb 24
Microsoft 365 subscriptions, which grew 16% to 78.4 million
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2024 Q2
19 Feb 24
Seat growth was again driven by our small and medium business and frontline worker offerings
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2024 Q2
19 Feb 24
Paid Office 365 commercial seats grew 9% year-over-year to over 400 million
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2024 Q2
19 Feb 24
Whatever ARPU we may have with E5, now you can say incrementally as a percentage of the OpEx, how much would you pay for a Copilot to give you more time savings
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2024 Q2
19 Feb 24
our ARPUs have been great but they're pretty low
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2024 Q2
19 Feb 24
E3, E5 transitions, Copilot all show up in ARPU over time
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2024 Q2
19 Feb 24
Seat growth, as we talk about, is primarily from, at this point, small and medium-sized businesses
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2024 Q2
19 Feb 24
over the last couple of quarters, we're getting a convergence
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2024 Q2
19 Feb 24
for many, many years in commercial Office 365, seat growth has far outpaced ARPU
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2024 Q2
19 Feb 24
Azure OpenAI and then OpenAI's own APIs on top of Azure would be the sort of the major drivers
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2024 Q2
19 Feb 24
we also saw growth in GitHub Copilot
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2024 Q2
19 Feb 24
it's people adopting it for inferencing at the API generally
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2024 Q2
19 Feb 24
is it more of the OpenAI inferencing, GitHub Copilot, other Copilots, the Azure OpenAI Service, third-party LLMs running on Azure
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2024 Q2
19 Feb 24
unpack the 6-point AI services tailwind
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2024 Q2
19 Feb 24
Microsoft 365 Copilot
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2024 Q2
19 Feb 24