Microsoft Earnings Fell Last Quarter Amid Economic Concerns

  • 📰 WSJ
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

Microsoft recorded its slowest sales growth in more than six years and profit fell as demand for its software and cloud services cooled

Software giant’s revenue growth slowed to a more than six-year low as demand for cloud services cooledJacob Kepler for The Wall Street JournalMicrosoft Corp.

recorded its slowest sales growth in more than six years last quarter as demand for itsThe Redmond, Wash., company’s revenue expanded 2% in the three months through Dec. 31 from a year earlier to $52.7 billion. Its net income fell 12% to $16.4 billion.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

This you?

THAT’S THE HEADLINE WSJ IS RUNNING WITH? SO DISHONEST. YOUR CURRENCY IS TRUST, DO BETTER.

Too expensive

Better pile into this OPPORTUNITY TO DA MOON LET'S FUCKING GO!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Microsoft Earnings Likely Slid Last Quarter Amid Economic ConcernsThe software giant likely recorded its slowest sales growth in more than six years last quarter as economic concerns cooled demand for its software and cloud services. That's because they did what was once thought impossible, they released a Windows that was worse than Windows 8. 😬😬😬
Source: WSJ - 🏆 98. / 63 Read more »

Earnings Watch: Microsoft, Tesla and Intel are about to face the doubtersTesla, Intel and Microsoft face bigger questions about the path forward, after their shares took a beating last year. $TSLA Boycott Tesla Worry is like fog. It only blurs your vision NOT your DREAM.
Source: MarketWatch - 🏆 3. / 97 Read more »

Tesla, Microsoft, Boeing earnings, along with GDP top week aheadApple's new macbook, as well as earnings from Visa, Mastercard, and American Express and most major airlines including JetBlue and Southwest headline a busy week.
Source: FoxBusiness - 🏆 458. / 53 Read more »

Microsoft set to report earnings after market closeMicrosoft is reporting results for the first time since announcing that it was cutting 10,000 jobs as it braces for slowing growth.
Source: CNBC - 🏆 12. / 72 Read more »

Microsoft beats on earnings as cloud unit shows strong growthMicrosoft saw a slowdown in Azure growth during a quarter in which it took a $1.2 billion charge for layoffs, lease consolidations and hardware lineup changes. 🤝 Amazon is gonna beast its earnings looking at that reaction to cloud growth.
Source: CNBC - 🏆 12. / 72 Read more »

Home prices across US fell sharpest in 2 California cities last monthThe median home price in San Francisco fell by 5.1% in December compared to the year before, making it the steepest decline among 53 US cities, according to a real-estate report. No person in their right mind will pay 7% interest on a 1 million dollar mortgage. Prices will keep falling.
Source: KTVU - 🏆 465. / 53 Read more »