Microsoft's quarterly revenue exceeded expectations and cloud business growth disappointed some investors. Microsoft's quarterly revenue achieved its largest growth since 2022, thanks to demand for artificial intelligence products. However, the growth rate of cloud business still disappointed some investors, and Microsoft's stock price fell after hours. Microsoft announced after hours on Tuesday that its revenue for the second quarter ending December 31 increased by 18% to $62 billion, with earnings per share of $2.93. Analysts estimate an average earnings per share of $2.78 and revenue of $61.1 billion. Azure cloud services revenue grew by 30%, slightly higher than the 29% growth in the previous quarter, with analysts predicting an average growth of 28%. Microsoft CEO Satya Nadella has promised to build Microsoft into a giant in the field of artificial intelligence by partnering with OpenAI. Microsoft has released artificial intelligence Office software for enterprises. Cloud services enable enterprise customers to build their own artificial intelligence applications on OpenAI technology, which also drives the demand for Azure. However, given the enthusiasm of customers for new tools and Microsoft's investment, some investors may hope for greater growth in Microsoft's cloud computing division.