REDMOND,verdicoin 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 13:142841 view
2025-04-30 12:4080 view
2025-04-30 12:301382 view
2025-04-30 12:06181 view
2025-04-30 11:172789 view
2025-04-30 10:4254 view
A private company aiming to build the first supersonic airliner since the Concorde retired more than
Officials at NASA believe they have found the crash site of the Luna-25 spacecraft, Russia's failed
Every week, the expressions of love and support pour into Whitesburg, Kentucky’s Mountain Community