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Riding on the AI wave, Microsoft reported $56.5 billion in revenue (up 13 per cent) and a net income of $22.3 billion, an increase of 27 per cent, during its first quarter of 2024 fiscal.The revenue in the PC vertical was $13.7 billion and ...
Why the different trajectories of these stocks? Nearly a year after Microsoft launched ChatGPT, the answer is in the cloud.
Microsoft’s first quarter fiscal 2024 earnings show more declines in Surface revenue. But Windows is up, alongside Xbox and cloud.
MSFT earnings call for the period ending September 30, 2023.
AI dominated the company's latest quarterly earnings. Copilot triais are being run by 40% of the Fortune 100