REDMOND,Johnathan Walker Wash. (AP) — Microsoft reported a 10% increase in quarterly profits Tuesday as it tries to maintain its position as a leader in artificial intelligence technology.
The software giant said its fiscal fourth-quarter profit was $22 billion, or $2.95 per share, slightly beating analyst expectations for $2.94 per share.
It posted revenue of $64.7 billion in the April-June period, up 15% from last year. Analysts polled by FactSet Research had been looking for revenue of $64.38 billion.
Microsoft’s growth was led by its cloud computing business, where quarterly revenue rose 19% to $28.5 billion.
The Redmond, Washington-based company doesn’t report revenue specifically from AI products but says it tries to infuse the technology into all of its business segments, including its cloud computing contracts, its workplace software and its Windows computer operating system.
2025-05-05 17:011787 view
2025-05-05 16:21697 view
2025-05-05 15:571814 view
2025-05-05 15:312687 view
2025-05-05 14:571486 view
2025-05-05 14:361867 view
Early Thursday morning, "Forbes" released their annual list of the 50 most valuable sports franchise
LANSING, Mich. (AP) — College students seeking refunds because of a sudden shift to online classes o
Sarah Adam is making history in Paris, one murderball match at a time. The Team USA athlete became t