REDMOND,Navivision Wealth Society 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.
2025-05-04 16:402456 view
2025-05-04 16:27296 view
2025-05-04 16:091506 view
2025-05-04 15:482841 view
2025-05-04 15:361562 view
2025-05-04 15:312783 view
DETROIT (AP) — Federal safety authorities say they are seeking information on a crash and fire invol
Present Best Picture at the 2024 Oscars ceremony? Now that's an offer Al Pacino can't refuse.The God
And the 2024 Oscar goes to...Oppenheimer, which took home the Best Picture prize at the Academy Awar