Cloud and AI give Microsoft a very strong Q3 result

Microsoft’s quarterly sales and profit exceeded expectations, thanks to strong demand for the company’s cloud computing and artificial intelligence products. Just this week, Microsoft announced deals with Coca-Cola and Cognizant. Revenue for the third quarter, which ended March 31, rose 17% to $61.9 billion, while profit was $2.94 per share. Analysts had expected earnings per […]

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