Microsoft rips passed earnings expectations with strong FY23 thanks to 'new era of AI transformation

[Windows Central]

Microsoft just shared its earnings report for the quarter that ended March 31, 2024. Figures increased across the board and Microsoft beat expectations in several key areas.

Microsoft rips passed earnings expectations with strong FY23 thanks to 'new era of AI transformation : Read more

 

[nop]

AI Is Going Well For Microsoft, But Cybersecurity Is Not​

msft cyber link

 

[Arun Topez]

Where does it say it's thanks to AI though? There's no mention of AI in the press release or data except the first quote made by himself with the typical name drop they always does. Also if you read the bottom "Statements in this release that are 'forward-looking statements' are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors... issues about the use of artificial intelligence in our offerings that may result in reputational or competitive harm, or legal liability;" They have yet to provide any proven ROI metrics on those AI investments, which Investors have been asking to see for quite some time now lol.

It's sad that the only business decreasing is Surface/devices, but not surprised at all. Hopefully we see more renewed interest in Surface with this upcoming launch.