REDMOND,blockwave Exchange 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 17:48356 view
2025-05-06 16:521474 view
2025-05-06 16:2394 view
2025-05-06 15:411966 view
2025-05-06 15:312375 view
2025-05-06 15:18306 view
WASHINGTON (AP) — What was once a bipartisan effort to expand by 66 the number of federal district j
LOS ANGELES (AP) — D’Angelo Russell scored 21 of his season-high 44 points in the fourth quarter and
GALLON JUG, Belize — Deep in a jungle in northern Belize, Elma Kay stood at the base of a rare, anci