New Delhi: Microsoft kicked off its financial year on a high note, posting strong quarterly earnings even as a major Azure outage briefly disrupted its cloud and productivity services. The results came just a day after its latest deal with OpenAI pushed the company’s valuation beyond $4 trillion, making it the most valuable firm in the world.
The tech giant reported first-quarter earnings of $3.72 per share, slightly above Wall Street’s expectation of $3.68. Revenue touched $77.7 billion, compared to $65.6 billion in the same period last year. Net income rose to $27.7 billion from $24.67 billion a year ago. The results showed that despite service hiccups and rising AI costs, Microsoft’s growth engine remains strong.
The company took a $3.1 billion hit from its growing investment in Op

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