Microsoft profits rise by double digits as investors question AI …

Oct 30, 2024 · Microsoft on Wednesday reported an 11% increase in profit for the July-September quarter compared with the same time last year as investors looked for signs that the …

11%
OFF

Microsoft Profits Rise By Double Digits As Investors Question AI …

2 weeks from now

Oct 30, 2024 · Microsoft on Wednesday reported an 11% increase in profit for the July-September quarter compared with the same time last year as investors looked for signs that the …

seattletimes.com

16%
OFF

Microsoft Reports Quarterly Sales Up 16% To $65.6 Billion As …

2 weeks from now

Oct 31, 2024 · Microsoft reports quarterly sales up 16% to $65.6 billion as investors ask if AI spending worth it. ... The software maker also reported an 11% increase in quarterly profit to …

apnews.com

33%
OFF

Microsoft Profit Soars 33% On AI, Cloud-computing Investments

2 weeks from now

Jan 30, 2024 · SAN FRANCISCO (AP) — Microsoft Corp. said Tuesday that its profit for the October-December quarter soared 33%, powered by its significant investments in artificial …

marketbeat.com

20%
OFF

Microsoft Reports $20.1B Quarterly Profit As It Promises To Lead 'the ...

2 weeks from now

Jul 25, 2023 · Microsoft reported a 20% spike in quarterly profits Tuesday, helping to fuel its battle to get ahead of rivals like Google, Amazon and Facebook parent Meta in selling the latest …

apnews.com

57%
OFF

Microsoft Touts AI Strength, But Shares Dip As Market Digests Costs

2 weeks from now

Jan 30, 2024 · Investor buzz over AI helped Microsoft's shares rise by 57% in 2023. But this has also increased Microsoft's costs, and investors are watching growth in its Azure and Office …

usnews.com

11%
OFF

Microsoft Profits Rise By Double Digits As Investors Question AI …

2 weeks from now

Oct 30, 2024 · Microsoft on Wednesday reported an 11% increase in profit for the July-September quarter compared to the same time last year as investors looked for signs that the company’s …

allsides.com

9%
OFF

Microsoft Reports Boost In Profits, Revenue, As It Pushes AI

2 weeks from now

Apr 25, 2023 · Microsoft on Tuesday reported a 9% increase in profit for the January-March quarter, as growth in cloud computing sales helped bolster its plans to expand its use of …

apnews.com

33%
OFF

Microsoft Profit Soars 33% On AI, Cloud-computing Investments

2 weeks from now

Jan 31, 2024 · But it also shaved operating profits by roughly $440 million as a result of purchase accounting adjustments and integration and transactions costs, he said. Microsoft shares …

yahoo.com

20%
OFF

Microsoft Profits Jump 20% As OpenAI Bet Begins To Pay Off

2 weeks from now

Apr 25, 2024 · Microsoft has leveraged its $13 billion investment in research pioneer OpenAI to create a series of AI assistants and other features for products ranging from Windows to …

seattletimes.com

50%
OFF

Microsoft's Steep AI Investments Raise Questions About Returns

2 weeks from now

Jul 10, 2024 · Those estimates assume a "relatively modest" gross profit margin of about 50% in fiscal 2027, he said. Microsoft stock is on three IBD lists: SwingTrader , Long-Term Leaders …

investors.com

$56
OFF

Microsoft Stock Drops As AI Capital Expenditures Surge To $56

2 weeks from now

Jul 31, 2024 · Microsoft discussed some of these questions during the earnings conference call. For instance, the company attributed the slower-than-expected cloud services growth to limits …

forbes.com

$20
OFF

Microsoft Reports Big Profits Amid Massive AI Investments

2 weeks from now

Oct 30, 2024 · During this quarter, Microsoft reported that it spent $20 billion on capital expenditures, nearly double what it had spent during the same quarter last year. However, the …

allsides.com

$80
OFF

The Golden Opportunity For American AI - Microsoft On The Issues

2 weeks from now

Jan 3, 2025 · In FY 2025, Microsoft is on track to invest approximately $80 billion to build out AI-enabled datacenters to train AI models and deploy AI and cloud-based applications around the …

microsoft.com

FAQs about Microsoft profits rise by double digits as investors question AI … Coupon?

How much did Microsoft spend on AI?

Ars Technica's Samuel Axon reports on Microsoft's quarterly earnings: Some investors have been uneasy about the company's aggressive spending on AI, while others have demanded it. During this quarter, Microsoft reported that it spent $20 billion on capital expenditures, nearly double what it had spent during the same quarter last year. ...

How much revenue does Microsoft expect from AI?

Analysts polled by FactSet Research were expecting Microsoft to earn $3.10 per share on revenue of $64.6 billion. Microsoft doesn’t report revenue specifically from AI products but says it has infused the technology and its AI assistant, called Copilot, into all of its business segments, particularly its Azure cloud computing contracts. ...

Does Microsoft's artificial intelligence spending pay off?

Microsoft on Wednesday reported an 11% increase in profit for the July-September quarter compared with the same time last year as investors looked for signs that the company’s huge spending on artificial intelligence is paying off. The company reported quarterly net income of $24.7 billion, or $3.30 per share, which beat Wall Street expectations. ...

Why did Microsoft's profit rise 33% in October-December?

SAN FRANCISCO (AP) — Microsoft Corp. said Tuesday that its profit for the October-December quarter soared 33%, powered by its significant investments in artificial intelligence technology. The company said that increase largely reflected growth in its cloud-computing unit, where Microsoft focuses most of its AI investments. ...

Why did Microsoft's quarterly sales and profit rise more than expected?

Microsoft’s quarterly sales and profit climbed more than projected, lifted by corporate demand for the software-maker’s cloud and artificial intelligence offerings. CEO Satya Nadella has been infusing Microsoft’s entire product line with AI technology from partner OpenAI. ...

How much revenue did Microsoft make in the third quarter?

The software maker posted revenue of $52.9 billion in the period, its third fiscal quarter, up 7% from the same period a year ago. Analysts polled by FactSet expected Microsoft to post revenue of $51.02 billion for the quarter. ...