Microsoft's AI Play Is Silver Lining In Cloudy Quarter: JPMorgan
Microsoft's AI Play Is Silver Lining In Cloudy Quarter: JPMorgan
Microsoft Corp (NASDAQ:MSFT) is navigating some choppy waters this fiscal Q4, but if there's one thing shining brightly through the clouds, it's their bet on AI.
微软公司（NASDAQ:MSFT）在本财季中遇到了一些波折，但有一个东西穿过云层一直闪耀，那就是他们对人工智能的赌注。
According to JPMorgan analyst Mark R. Murphy, Microsoft is facing a mixed bag of results, with some partner metrics slipping, but its AI strategy is showing immense promise.
据摩根大通分析师马克·R·墨菲（Mark R. Murphy）表示，微软正面临着一些表现参差不齐的结果，一些合作伙伴的度量正在滑坡，但其人工智能战略表现出巨大的潜力。
A Slight Miss, But No Cause For Panic
稍有差池，但无需恐慌。
Murphy's recent survey reveals that Microsoft's partners ended "0.7% below plan," a noticeable dip from the previous quarter's "+2.6%." This drop reflects some "undesirable" trends, but it's not all doom and gloom. Murphy reassures investors that the decline may be "temporary and manageable."
墨菲最近的调查显示，微软的合作伙伴“比计划少了0.7％”，相比上一季度的“+2.6％”有明显下降。这种下降反映出一些“不受欢迎”的趋势，但这并非全是末日的厄运。墨菲安慰投资者，这种下降可能是“暂时性的，不可持续的”。
Despite the slip, there's good news: Microsoft's growth expectations remain robust. Partners expect their Microsoft practices to grow by "12.2% in CY24," a solid projection that underscores the company's long-term resilience.
尽管出现滑坡，但好消息是：微软的增长预期仍然强劲。合作伙伴期望他们的Microsoft实践在“CY24将增长12.2％”，这是一个坚实的预测，凸显了该公司的长期韧性。
AI: Microsoft's Golden Ticket
人工智能：微软的金凤凰。
While some metrics falter, Microsoft's AI ventures are thriving. Murphy highlights that AI is the "single biggest trend of the quarter," with more than 60% of partners recognizing its transformative potential. Microsoft's M365 Copilot and Azure OpenAI Service are leading the charge, consistently ranking among the top products in terms of momentum.
尽管一些度量指标出现问题，微软的人工智能业务却蓬勃发展。墨菲指出，人工智能是本季度的“最大的单一趋势”，超过60％的合作伙伴认识到其变革性潜力。微软的M365 Copilot和Azure OpenAI Service正在引领潮流，在势头方面始终名列前茅。
Murphy notes that "50% of partners" are giving positive feedback on M365 Copilot, describing "significant productivity gains." And although there are some hurdles like "Security/Privacy" and cost concerns, these barriers are largely seen as temporary.
墨菲指出：“50％的合作伙伴”对M365 Copilot给出了积极的反馈，描述了“显着的生产效率提高”。尽管存在“安全/隐私”和成本等一些障碍，但这些障碍被大多数人视为暂时性的。
Read Also: Musk To Discuss Investing $5B in xAI After Seeing Poll Results
也可阅读：看了民意调查结果后，马斯克将讨论在xAI上投资50亿美元。
Microsoft's Future Prospects: Betting Big on AI
微软的未来前景：大力押注人工智能。
Though Microsoft's stock has seen some ups and downs, Murphy is cautiously optimistic. He describes FQ1's consensus as "unusually aggressive," signaling potential challenges ahead.
尽管微软的股票有所起伏，但墨菲持谨慎乐观态度。他认为FQ1的共识是“异常积极”的，这意味着潜在的挑战。
But Murphy remains confident in Microsoft's strategic position, emphasizing that it is a "core beneficiary of secular software trends."
但墨菲对微软的战略位置仍然充满信心，强调它是“应用程序的长期受益者”
Microsoft – A Resilient Leader in AI
微软 - 人工智能领域中的弹性领导者。
In the grand scheme, Microsoft's AI prowess could be its ace in the hole.
在宏观方案中，微软的人工智能实力可能是其王牌。
As Murphy aptly puts it, Microsoft is "well positioned to capitalize on a large, burgeoning opportunity in GenAI."
正如墨菲所说，微软已经“在GenAI中很好地把握了大量迅速增长的机遇”。
While there are bumps along the way, the tech titan's focus on AI could solidify its status as a leader in the ever-evolving tech landscape.
虽然道路上有一些颠簸，但科技巨头对人工智能的关注可能会巩固其在不断发展的技术前景中的领导地位。
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图片：shutterstock