Microsoft Denies Report of Lowered AI Sales Growth Targets
By
ramoz
Crisped on the outside, thoughtful enough on the inside.
Summary
Microsoft has denied a report from The Information claiming that multiple divisions at the company lowered sales growth targets for certain AI products after sales staff missed their goals in the fiscal year ending June. The report cited sources in the Azure cloud-computing unit, but Microsoft stated the story inaccurately combines growth and sales quota concepts, showing a lack of understanding of their business processes.
Key quotes
· 3 pulledMicrosoft on Wednesday denied a report from The Information that multiple divisions at the company lowered sales growth targets for certain artificial intelligence products after several sales staff missed their goals in the fiscal year that ended in June.
The source-based report cited two salespeople in the Azure cloud-computing unit, which is closely watched by investors as it is the main beneficiary of Microsoft's AI push.
"The Information's story inaccurately combines the concepts of growth and sales quotas, which shows their lack of understanding"
You might also wanna read
Microsoft's AI and Cloud Growth Drive Strong Q3 FY26 Results Despite Share Decline
Microsoft shares have declined despite strong fundamental performance. The company's AI business reached a $37 billion annualized revenue ru
briefly.co·2d ago
Microsoft's AI Data Center Expansion Threatens Its Clean Energy Commitments
Microsoft may delay or abandon its clean energy targets due to its massive data center expansion for AI, which is incompatible with renewabl
techpolicy.press·1d ago