Microsoft reports boost in profits, revenue, as it pushes AI
By Associated Press
Published: April 25, 2023, 2:27pm
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REDMOND, Wash. (AP) — 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 artificial intelligence.
The company reported quarterly profit of $18.3 billion, or $2.45 per share, beating Wall Street expectations for earnings of $2.24
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