Current location:Worldly Web news portal > style
Microsoft quarterly profit rises 20% as tech giant pushes to get customers using AI products
Worldly Web news portal2024-05-08 19:48:37【style】6People have gathered around
IntroductionMicrosoft on Thursday said its profit rose 20% for the January-March quarter as it tries to position
Microsoft on Thursday said its profit rose 20% for the January-March quarter as it tries to position itself as a leader in applying artificial intelligence technology to make workplaces more productive.
The company reported quarterly net income of $21.93 billion, or $2.94 per share, beating Wall Street expectations for earnings of $2.82 a share.
The Redmond, Washington-based software maker posted revenue of $61.86 billion in the period, its third fiscal quarter, up 17% from the same period a year ago. Analysts polled by FactSet expected Microsoft to post revenue of $60.86 billion for the quarter.
Microsoft doesn’t spell out how much money it makes from AI products, including its flagship Copilot chatbot that can compose documents, write code or generate images. But it has infused the technology into its main lines of business, such as cloud computing contracts and subscriptions for its email and other online services.
Address of this article:http://navassaisland.mybodyonelife.com/content-2f799241.html
Very good!(422)
Previous: Rachel Reeves hints Labour's 'anti
Related articles
- Corey Seager hits a 3
- Oscars 2024: The Biggest Moments from the 96th Academy Awards
- Former footballer Joe Thompson, 35, is diagnosed with cancer for the third time
- What would open warfare between Israel and Iran look like? How tit
- Linda Evangelista, 58, stuns in all
- Kate and Charles' heart
- Why do so many leading royals
- Norway's Arctic north wants to bring in a 26
- Ariana Grande shakes up the 2024 Met Gala with a surprise performance of her biggest hits
- Dozens of jobs set to be axed at Treasury
Popular articles
Recommended
China's Lin dashes Fan's title defense hopes at ITTF World Cup
JAN MOIR: Why JK Rowling SHOULDN'T forgive the weaselly band
What would open warfare between Israel and Iran look like? How tit
Here's one we faked earlier! Portrait of late Queen Elizabeth II with her grandchildren and great
Emily Ratajkowski leaves NOTHING to the imagination as she goes underwear
EPHRAIM HARDCASTLE: Could William and Harry be reunited at the Duke of Westminster's wedding?
EPHRAIM HARDCASTLE: Could William and Harry be reunited at the Duke of Westminster's wedding?
Let's hear it for Princess Anne, the brave, plain
Links
- CPC leadership holds symposium to seek advice on economic work
- Feature: Rafah drowning in tears as Palestinians bid farewell to loved ones for survival
- Chinese premier calls for better communication, exchanges among international community
- Twins use a seven
- Sam Mayer makes last
- State Council stresses work on flood relief, rebuilding
- Leaders stress environmental cooperation
- Mexican president accuses U.S., Canada of ambiguous stance on Ecuador
- Mexican president accuses U.S., Canada of ambiguous stance on Ecuador
- CPC leadership reviews guidelines on policies supporting construction of Xiong'an