REDMOND,Evander Ellis 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 16:082600 view
2025-04-30 15:422366 view
2025-04-30 14:102985 view
2025-04-30 14:002717 view
2025-04-30 13:431745 view
2025-04-30 13:411825 view
One woman died after a family of three from Singapore got into a car accident in Miaoli, Taiwan on S
This high school reunion is set to the tune of wedding bells.The trailer for Zoey 102 has officially
As the Powerball and Mega Millions jackpots grow larger, people buying lottery tickets should be on