REDMOND, 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.
2024-12-26 10:36137 view
2024-12-26 09:522532 view
2024-12-26 09:3371 view
2024-12-26 09:28635 view
2024-12-26 09:161214 view
2024-12-26 08:57590 view
TAIPEI — Beijing has unveiled a new tactic on Taiwan, the democratic island it claims as its own, of
WASHINGTON (AP) — Israeli forces detained two young adult American brothers in Gaza and their Canadi
Dakota Johnson is fifty shades of unimpressed with her cameo on The Office.Back in 2013, the Madame