AWS includes their PaaS AWS service offerings in their revenue, no (Cognito, dev tools, Workspaces, etc)? Why wouldn't Microsoft include O365 and Dynamics then?
Raw compute and storage isn't where the money is at long term, it's the lock in value add services (especially with Kubernetes and Hashicorp making multicloud and portability first class).
Sidenote: I have seen A TON of open roles looking for Azure and GCP skills over AWS lately.