In April 2024, the company’s heavy bets paid off when it beat Wall Street expectations, increasing its quarterly revenues by 17% year-over-year to $61.86 billion.
On the latest changes, Numoto told staff: “[These] will help us continue to lead the AI platform shift. Heading into fiscal year 2025, we will rally around Copilot, Copilot+ PC, and the Copilot Stack as the AI platform framework that will catalyze the reinvention of our offerings across our broad portfolio and reinvigorate the Microsoft brand.”
Microsoft reclaimed the top spot as the world’s most valuable company by market capital at the start of 2024, overtaking technology rival Apple.