Page 22 - More Personal Computing News Today

Microsoft Corp (NASDAQ:MSFT)'s revenue rose 2% on a reported basis to $52.7bn in the second quarter, which was lower than the 2.4% growth the market was expecting.

Microsofts flagship Azure cloud unit posted solid revenue growth, boosting the tech giants Street-beating bottom line.

REDMOND (dpa-AFX) - Software giant Microsoft Corp. (MSFT) Tuesday reported second-quarter results, with earnings beating Wall Street estimates, reflecting growth in cloud business.Net income for

Microsoft is reporting results for the first time since announcing that it was cutting 10,000 jobs as it braces for slowing growth.

Despite some very positive earlier quarters, it looks like the Windows PC market is sharply returning to normal as Microsoft underestimates demand for newer Surface PCs and Windows licenses.

Microsofts gaming division, which is comprised of Xbox services and hardware, saw a year-over-year decline coming off a year of strong demand.

These three facts about Microsoft's operations make its stock a tempting buy.

Alphabet Inc. (NASDAQ:GOOG), Amazon.com, Inc. (NASDAQ:AMZN), and Meta Platforms, Inc.

Microsoft shares took a hit in 2022, but that hasn't stopped its stock from seeing a triple-digit rise over the last five years.

Microsoft shares took a hit in 2022, but that hasn't stopped its stock from seeing a triple-digit rise over the last five years.