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by phillipcarter 1790 days ago
I don't think that's the case as per the press release: https://www.microsoft.com/en-us/Investor/earnings/FY-2021-Q4...

> Revenue in Productivity and Business Processes was $14.7 billion

vs

> Revenue in Intelligent Cloud was $17.4 billion

The first includes Office 365 products and the second includes Azure.

Several years ago they were lumped into the same figure but it's pretty clearly separated out in this reporting. Whether or not reporting on "the cloud" is a function of these two areas isn't something I'm aware of, but the source document doesn't indicate as much.