REDMOND,Poinbank 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.
2025-04-29 14:451930 view
2025-04-29 13:512462 view
2025-04-29 13:001708 view
2025-04-29 12:502104 view
2025-04-29 12:302653 view
2025-04-29 12:301207 view
Environmental leaders in Maryland are reeling from a challenging 2025 legislative session that left
LOS ANGELES (AP) — She’s everywhere, and the world is merely her backup band.This is Taylor Swift’s
LAS VEGAS (AP) — A teachers’ union political group has filed a second legal effort seeking to block