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Microsoft Cloud revenue for the quarter was $38.9 billion, up 22%, with a gross margin of 71% -- meaning that high-margin cloud revenue now makes up 59% of total revenue.
Microsoft also announced that it authorized a new share repurchase program worth up to $60 billion in addition to its current program, which had $10.3 remaining as of June 30.
Investors are curious about one of the most recognizable companies in the world.
Microsoft touches virtually all areas of worldwide technology today. Its software powers personal and enterprise computer systems. Azure, its cloud platform, is a foundation for the internet.
Learn about its net worth and future outlook before investing. Microsoft is in a daily battle with Apple for the title of the world’s most valuable company. Learn about its net worth and future ...
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Microsoft wasn’t one of them. The 10 stocks that made the cut ...
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