this post was submitted on 02 May 2025
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No, Microsoft did not state ‘strong AI demand’ in Q1 2025 — the FT is wrong (pivot-to-ai.com)
submitted 3 days ago by dgerard@awful.systems to c/techtakes@awful.systems
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[–] Soyweiser@awful.systems 2 points 2 days ago* (last edited 2 days ago) (1 children)

FT misreading financial statements is quite embarrassing, i mean I dont mind Zilton having a bit trouble with them, even of it isnt great. But FT? Oof. (Not 100% sure they dont mean percentage points btw (as I didnt read the docs), but ft should have caught the ambiguity)

[–] dgerard@awful.systems 3 points 1 day ago (1 children)

I've emailed Microsoft Investor Relations to clarify what they meant and why they didn't just say "percent" if they meant "percent". But if it had been 16 percent, they'd have been yelling it from the rooftops, and they haven't been.