Microsoft Smashes Records with $90 Billion Revenue as AI Boom Fuels 31% Profit Surge; Azure Crosses $100 Billion Milestone
Microsoft has delivered another blockbuster financial performance, underscoring the transformative impact of artificial intelligence (AI) and cloud computing on its business. The technology giant reported revenue of $90 billion for the quarter ended June 30, marking an impressive 18 percent year-on-year increase, while net profit climbed 31 percent to $35.8 billion. The results exceeded market … Read more