Microsoft's cloud brings rain of revenue but modest M365 AI revenue harvest
REG AD SOFTWARE Microsoft's cloud brings rain of revenue but modest M365 AI revenue harvest Capex spending? What? Me worry? Microsoft on Wednesday reported $90 billion in revenue for the quarter ended June 30, an increase of 18 percent, lifting its stock more than 7 percent in after hours trading.The cash intake was mo
Xbox revenue drops 10 percent as Microsoft’s cloud and AI business surges
Xbox is having yet another tough quarter, as revenue from content and services like its Game Pass subscription dipped 10 percent over the past few months. At the same time, Xbox hardware sales declined 14 percent, according to Microsoft's fourth-quarter earnings report released on Wednesday.
The news comes just weeks a