Microsoft’s turnover increased by 16% in the first quarter of 2024: “Cloud” activity boosted results
Microsoft Corp. revealed its first quarter 2024 results, highlighting the company’s growing reliance on and focus on artificial intelligence (AI) services. For the quarter ending September 30, 2024, Microsoft reports revenue of $65.6 billion, a notable increase of 16% from the same period last fiscal year. The tech giant’s operating profit reached $30.6 billion, reflecting … Read more