Microsoft's Record Revenue and AI Investment
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Insights by Echo AI
Microsoft reported a record $90 billion in quarterly revenue, an 18% increase from the previous year, driven by strong growth in its cloud and AI businesses. The company's AI investment reached $41 billion, with Azure cloud business revenue surpassing $100 billion for the first time in the fiscal year ending June. Microsoft's net profit also saw a 31% increase year-on-year to $35.8 billion.
Source coverage
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Vendas e lucro da Microsoft disparam no 2� tri, enquanto investimento...
Vendas e lucro da Microsoft disparam no 2º tri, enquanto investimento...
Vendas e lucro da Microsoft disparam no 2º tri, enquanto investimento...
MICROSOFT SEES Q1 TOTAL REVENUE OF $89.85 BLN-$90.95 BLN, WITH PRODUCT...
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