This goes to show that, as part of good cybersecurity hygiene, keeping software up to date, even if it is an app on an Android phone, is of utmost importance.
Last week, Microsoft (Nasdaq: MSFT) announced its third quarter results that exceeded analyst estimates driven by its AI momentum. However, its weak outlook brought down the momentum in its share price. Microsoft's Financials Microsoft's third quarter revenues grew 17% to $61.86 billion, beating analyst estimates of $60.8 billion. EPS was $2.94, which was also ahead of the Street's forecast of $2.82. Microsoft's Intelligent Cloud segment revenues grew 21% to $26.71 billion versus the estimate of $26.26 billion. Azure revenues grew 31%, ahead of the estimated 28.6%. Revenues from the Productivity and Business Processes unit, including Office productivity software, LinkedIn, and Dynamics, grew 12% to $19.57 billion, beating the Street's forecast of $19.54 billion. Revenue from its More Personal Computing segment grew 18% to $15.58 billion, beating the analyst estimate of $15.08 billion. Growth was driven by 62% growth in Xbox content and services revenue, driven