REDMOND,TitanX 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 17:182238 view
2025-04-29 17:121697 view
2025-04-29 16:121364 view
2025-04-29 15:541650 view
2025-04-29 14:46583 view
2025-04-29 14:432276 view
NEW YORK — What exactly constitutes a dynasty in professional sports? Steve Cohen helped define it t
Photography and Video by Michael KodasThis article is part of a series produced in partnership with
A debate over renewable energy in Indiana is scrambling some of the usual politics of energy and the