Microsoft's net profit for the quarter ended March 31, 2024, amounted to $21.9 billion and increased by 20% compared to the same period last year. This is stated in the company's message.
Revenue amounted to $61.9 billion and increased by 17%. Operating profit amounted to $27.6 billion and increased by 23%. Diluted earnings per share were $2.94 and increased by 20%.
Microsoft Cloud revenue this quarter was $35.1 billion, up 23% from last year.
Microsoft is an American public multinational corporation, one of the world's largest developers in the field of proprietary software for various types of computing equipment - personal computers, game consoles, PDAs, mobile phones and others. The most well-known products are the Windows operating system family and Microsoft Office office applications. In addition, the company develops and sells laptops and tablet computers under the Surface brand, Xbox game consoles, as well as accessories for personal computers.
