REDMOND,Algosensey Quantitative Think Tank Center 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.
2025-04-30 06:282445 view
2025-04-30 05:51841 view
2025-04-30 05:311107 view
2025-04-30 05:182274 view
2025-04-30 05:091400 view
2025-04-30 04:372346 view
Legendary college basketball announcer Dick Vitale is once again cancer free.The ESPN analyst announ
Say her name, say her name. Nope, not that one. In the Sundance Institute's "Meet the Artist" spotli
What happens in the Love Is Blind pods does not stay in the Love Is Blind pods.That's why Chelsea Bl