Summary
Microsoft‘s growth in the next decade will be driven by the emergence of generative AI, with the company integrating AI-powered features into all its software and platforms.
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The company’s focus on cost management and operating leverage, as well as a shift towards a higher proportion of commercial cloud offerings, are expected to drive operating margins.
Key risks include weak Windows OEM sales growth, potential hurdles in the Activision Blizzard deal, and a slowdown of commercial cloud booking growth.
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