Microsoft posts lukewarm sales growth as cloud business slows-BNN Bloomberg
Microsoft Corp. it reported tepid fourth-quarter sales growth, hampered by slowing demand for cloud-computing services as the software maker expects a rise in revenue from new products powered by artificial intelligence. Profit in the period ended June 30 was US $ 2.69 per share and sales rose 8 per cent to US $ 56.2 billion, … Read more