Microsoft (MSFT) Reports 15M Microsoft 365 Copilot Seats Sold

Microsoft (MSFT) achieved sales of 15 million seats for its Microsoft 365 Copilot, representing 3% of standard bundle subscriptions. The Copilot, priced at $30 per month, became widely available in 2023 amid concerns about competition and lower adoption rates. CEO Judson Althoff indicated that the company hit ambitious targets for the March quarter and has set new goals for the June quarter. Following a 23% decline in the stock during Q1, these developments may influence investor confidence in the company’s future performance.