Microsoft beats Wall Street expectations with US$90b in revenue
· jamaica-gleaner.com
Microsoft posted strong results for its quarterly earnings on Wednesday, beating expectations and showing strong growth in its cloud computing platform and a boost in paid AI users. The Redmond, Washington company earned US$90 billion, or US$4.81 per share, in the April-June quarter. That is up 18 per cent from the same period a year earlier. Analysts surveyed by FactSet Research had expected the company to earn US$4.24 per share on revenue of US$87.62 billion this quarter.
Microsoft posted strong results for its quarterly earnings on Wednesday, beating expectations and showing strong growth in its cloud computing platform and a bo...