Corporate filings show the closures, Reuters reported in an exclusive.
The revenue figure is the one that explains the rest. China accounted for 1.5% of global revenue as of 2024.
Microsoft has no current plan to exit. It has simply stopped growing there.
Put 1.5% against the scale of the company and it almost disappears. Microsoft’s cloud business alone crossed $100bn in annual revenue in its most recent quarter.
China is now a rounding error attached to a large geopolitical risk. That is the calculation every sentence below follows from.
