📚 Microsoft Earnings Release FY23 Q2: 2% revenue increase, 12% profit decrease

Microsoft shared in its latest earnings release that it gathered $52.7 billion for its revenue during its FY23 Q2, translating to a 2% increase. However, it said that its profit fell 12% to $16.4 billion during the said period. Microsoft’s newest earnings release shows the different sections where the company is succeeding and being challenged […] ...