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Microsoft profit soars 33% on AI, cloud-computing investments – Metro US

SAN FRANCISCO (AP) — Microsoft Corp. said Tuesday that its profit for the October-December quarter soared 33%, powered by its significant investments in artificial intelligence technology. The company said that increase largely reflected growth in its cloud-computing unit, where Microsoft focuses most of its AI investments. The company reported net income for the quarter of […]
United States James Ambrose Jeremy Goldman Microsoft Corp Factset Research Wall Street
Source: metro.us

Microsoft Registers ‘USD 62 Billion’ in Revenue and ‘USD 21.9 Billion’ in Net Income During Quarter Ended on December 31, Acquiring Gaming Company Activision Blizzard Pays Off

Microsoft completed the acquisition of gaming company Activision Blizzard on October 13, 2023. Xbox content and services revenue increased 61 per cent, driven by 55 points of net impact from the Activision acquisition. �� Microsoft Registers ‘USD 62 Billion’ in Revenue and ‘USD 21.9 Billion’ in Net Income During Quarter Ended on December 31, Acquiring Gaming Company Activision Blizzard Pays Off.
United States San Francisco Amy Hood Satya Nadella Activision Blizzard Google Posts

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