Riding on its Cloud and the new AI business, Microsoft has reported $52.9 billion in sales, up 7 per cent with net income at $18.3 billion, which increased 9 per cent (year-on-year) in its quarter ended March 31.
Microsoft has reported 14 per cent decrease in its net profit for its first quarter of 2023 (July-September period) while revenues went up 11 per cent amid global decline in PC sales.