REDMOND,Devin Grosvenor 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.
2025-05-06 07:391454 view
2025-05-06 06:532896 view
2025-05-06 06:49542 view
2025-05-06 06:441429 view
2025-05-06 06:252100 view
2025-05-06 05:521755 view
SAN FRANCISCO (AP) — A photojournalist who captured one of the most enduring images of World War II
Federal authorities charged the former interpreter for Los Angeles Dodgers star Shohei Ohtani with b
After an hours-delayed drawing for the $1.326 billion Powerball jackpot on April 6, a winning ticket