Current location:Earthly Exploits news portal > style
Microsoft quarterly profit rises 20% as tech giant pushes to get customers using AI products
Earthly Exploits news portal2024-05-07 21:48:28【style】2People 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://mauritius.popular-vines.com/html-6b199803.html
Very good!(96421)
Related articles
- DR MAX PEMBERTON: We need more female doctors in the NHS... but there is a downside
- Fire in truck carrying lithium ion batteries leads to 3
- Quentin Tarantino SCRAPS plans for his final film The Movie Critic which had Brad Pitt set to star
- The Dolphins have a 1st
- Australian woman denies murdering her former husband's relatives with poisonous mushroom lunch
- Hilarious voice to text messages that'll make you wish people still used landlines
- Braless Maura Higgins turns up the heat in a daring cleavage
- A homeless man is reunited with his family after 13 years thanks to a Ford Mustang and a viral clip
- Macron sets Ukraine war as top priority as China's Xi Jinping arrives in France
- A Nigerian schoolgirl abducted by extremists 10 years ago is rescued pregnant and with 3 kids
Popular articles
Recommended
Putin is starting his 5th term as president, more in control of Russia than ever
University of Oregon football player, 19, is arrested for fatal hit and run after 46
Vice President Harris returning to Wisconsin for third visit this year
Free agency left the Ravens with holes to fill as NFL draft nears, especially on the offensive line
Danish King Frederik and his Australian
A homeless man is reunited with his family after 13 years thanks to a Ford Mustang and a viral clip
Tom Schwartz rates Las Vegas kiss with Scheana Shay a FIVE as he brands it 'weird': 'So platonic'
EU proposes youth mobility agreement with UK to help youngsters travel, work and live in both areas
Links
- Protecting Children's Safety
- China Names Demonstration Cities for Childcare Services
- University, Association Help Workers Improve Ability to Combat Domestic Violence
- Ordos Protects Women Employees' Rights
- Protecting Children's Safety
- Providing Judicial Assistance to Women in Need
- China Names Demonstration Cities for Childcare Services
- Federation Cultivates 'Legal Docents' to Help Residents Protect Rights
- China Makes Remarkable Progress in Education in 2022
- Helping Women Improve Health