Microsoft Exceeds Fiscal Third Quarter Expectations
Microsoft reported strong fiscal third quarter results that beat Wall Street expectations. Revenue for the company rose 18% to nearly $80 billion. The report was provided by CBS News correspondent Michael Toscano. Microsoft reported revenue rose 18 percent with cloud business surging 40 percent. The company spent nearly $32 billion on AI infrastructure this quarter. CEO Satya Nadella noted AI is now a $37 billion annual business.
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Sources · 7 independent
KIRO FM Seattle
“Microsoft beat Wall Street expectations, posting a strong fiscal third quarter. Revenue rose 18% to nearly 80%”
KIRO FM Seattle
“posting a strong fiscal third quarter. Revenue rose 18% to nearly 80%”
KIRO FM Seattle
“Revenue rose 18% to nearly 80% with its cloud business surging 40%, CEO Sachin Adela calls this a defining moment for the industry.”
COPE
“Microsoft es verdad que superó la semana pasada las expectativas de su tercer trimestre fiscal en abril, es verdad, impulsado por el auge de la inteligencia artificial y la nube, fíjate, con más de 82 mil millones de dólares de ventas.”
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