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Based on that last sentence, Azure has a 12*4=48B$ annual run rate.

AWS has $40B annual run rate (https://www.zdnet.com/article/aws-brings-in-nearly-10b-in-sa...)

Something is not quite adding up.




See below thread, but Azure + Enterprise services + server products are reported as "Intelligent cloud". It's intelligent cloud that has the $48bn run rate. So it's not a like-for-like comparison with AWS even though it doesn't include Office365.




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