San Francisco, Jan 29, 2025 (AFP) - Microsoft profit rises but cloud business misses mark

NAMPA / AFP

2025-01-30

Microsoft on Wednesday reported profits of $24.1 billion in the recently ended quarter, but shares slid on worries over its vital cloud computing business. Microsoft revenue grew to $69.6 billion and the amount of money taken in by its "intelligence cloud" unit climbed to $25.5 billion but the market had expected more. Shares slipped slightly in after-market trades. "Microsoft had a fine quarter, but 'fine' isn't what investors want from an AI ju......

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Entertainment

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