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Microsoft says its voluntary retirement program will result in a $900 million charge in the current quarter. The company, which is spending record sums on AI infrastructure, said headcount dropped year over year and will decline again in fiscal 2027.
By Aditya Soni and Stephen Nellis April 29 (Reuters) - Microsoft's modest increase in quarterly cloud revenue growth on Wednesday failed to impress investors worried about rising competition in the artificial intelligence race,
Microsoft (MSFT) has issued its quarterly earnings for Q3 2026. The company has reported a revenue figure of $82.9 billion USD, which is higher than analyst estimates. In terms of its stock numbers, Microsoft reported an earnings per share (EPS) number of $4.
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Microsoft tops Wall Street expectations, reports accelerating Azure growth and $37B AI run rate
Microsoft's Azure cloud business accelerated in the March quarter, growing 40% and topping the company's own forecast, giving the tech giant a new answer to questions about its ability to translate record capital spending on AI infrastructure into stronger financial results.
Xbox hardware revenue took a 33 percent hit, even as the company raked in $82.9 billion. is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously,
Live Updates Watch Our Live Coverage of Tonight's Earnings - Including A Break Down of Reaction to Microsoft's Release Pinned 1 hour ago Live Want to watch our team break down earnings from Alphabet,
(MSFT) on Wednesday reported fiscal third-quarter net income of $31.78 billion. The Redmond, Washington-based company said it had profit of $4.27 per share. The results surpassed Wall Street expectations.
It took some convincing, but at the start of this year, I ended a years-long relationship with Microsoft 365. I'd like to say I ditched the office suite for some nuanced reason, like I don't want Microsoft's AI assistant Copilot because I find it distracting and unhelpful,