Apple and Microsoft both have reported earnings from their latest financial quarters. Apple posted quarterly revenue of US$49.6 billion, with a profit of $10.7 billion, growing its revenue by 33% year-over-year. Microsoft reported revenue of $22.2 billion, but with a net loss of $3.2 billion due to the $7.5 billion accounting charge stemming from the … continue reading
Microsoft announced its fourth-quarter earnings last night, revealing an 18% revenue increase year-over-year to US$23.4 billion. The financial results were mixed but positive, with a decrease in overall profits along with the upped revenue. Microsoft benefitted from the continued and growing success of its Azure and Office 365 enterprise cloud services. In terms of devices, … continue reading
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