REDMOND,PredictIQ 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.
2025-05-07 18:36832 view
2025-05-07 18:17275 view
2025-05-07 18:07625 view
2025-05-07 17:07125 view
2025-05-07 16:541276 view
2025-05-07 16:222378 view
LE BOURGET, France — Aleksandra Miroslaw, a Polish sport climber with her hair pulled in a ponytail
PARIS — When Suni Lee's feet hit the floor, her jaw dropped into a gleaming smile.With an Olympic me
MONTGOMERY, Ala. (AP) — A former corrections officer at an Alabama jail has agreed to plead guilty t