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Microsoft hits 10 quarters of record- breaking revenue in a row

Whatever the future of AI might be, the current situation is still very good for Microsoft. The tech giant reported yet another record for quarterly revenue on Wednesday: $92.3 billion, a 19% increase…

  • Microsoft reported record-breaking revenue for 10 consecutive quarters in 2023.
  • Cloud services generated $63.9 billion in revenue, up 30% year-over-year.
  • AI investments increased commercial remaining performance obligation by 73%.

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