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Microsoft Earnings Growth Picks Up on Stronger-Than-Expected Cloud Demand

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Updated Oct. 24, 2023 5:05 pm ETMicrosoft’s gaming unit is poised to become around 10% of the company’s overall business with the acquisition of Activision.

Microsoft’s sales growth accelerated last quarter as demand for its cloud computing services heated up amidThe company reported Tuesday that its revenue grew 13% to $56.5 billion for the quarter through September. That was above analysts’ expectations and a step up from growth of 11% during year-earlier period.Continue reading your article with

 

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