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DIGITAL VIRTUAL SANK TANK FORCE PC

DIGITAL VIRTUAL SANK TANK FORCE PC

Its Cloud unit posted revenues that were 20% lower than estimates at $20.33bn as Azure growth slowed, revenue from Windows licenses lost 15% as worldwide PC shipments declined 20% YoY, and a strong dollar has majorly hurt sales growth.

Azure growth, PC sales and forex headwinds were all in the spotlight, but the kind that leaves you feeling blind and confused.

The tech giant posted EPS of $2.25 on revenues that saw an increase of 11% to come in at $50.12bn, though that represented its slowest quarterly sales growth in five years was accompanied by a 14% drop in net income.

Microsoft left investors feeling melancholy with its third quarter report despite a very slight beat on both ends.

The slowest growth in 5 years Look, we’ll give it to you straight: there’s very little good news to report here, with many of Microsoft's most closely-watched segments on the decline. Could an integration into Microsoft’s Bing be what’s needed to put it out in front? Only time will tell.

Morgan Stanley published a report in December claiming that ChatGPT could pose a major threat to Google’s dominance of the web search market, and Elon Musk already invested $1bn into OpenAI in 2019.

The deal, however, has not yet been finalized and in fact was supposed to have been closed before the end of last year.

The deal entails Microsoft receiving 75% of the company’s profits until its investment is returned, at which point it will receive a 49% stake in OpenAI.It’s a strategic move by Microsoft to try and increase its market share in the web search space – a market in which Google far outweighs it. The chatbot has been rising rapidly in popularity, due to the premise that it could change the way we search the web. Microsoft is planning to invest $10bn in OpenAI, the creators of ChatGPT, valuing the company at $29bn.But Microsoft wants a slice of the pie in any eventuality. Open the pod bay doors Will AI take over the world? Maybe. If Microsoft’s acquisition of Activision Blizzard is also blocked, it really won’t have been its year. The service is used by over 280m people, so an outage is far from ideal.

Adding to its cloud computing woes, Microsoft Teams experienced an outage today – and it’s estimated to have affected millions of users around the world.The news sent cloud computing stocks like Datadog and Snowflake down by 2.13% and 3% respectively yesterday.

Microsoft predicts growth in that area of its business to slow by up to 5% in the current quarter. What was more concerning however, was a forecast about its Azure cloud computing unit.It comes just a week after it made the decision to let go of 10k employees. The tech giant beat earnings with $2.32 per share compared to estimates of $2.29, but missed on revenue predictions with $52.75bn against estimates of $52.94bn. Microsoft has reported disappointing results for its most recent financial quarter.To the clouds and back Microsoft has released its latest earnings report – and it wasn’t what investors were hoping for.