Times of IndiaLean R·
Microsoft net income rises 32% to $36.6 billion days after buyout offer to 60,000 staff
In the latest quarterly results, Microsoft reported a remarkable 32 percent surge in net income, hitting $36.6 billion for the July-September period. The tech giant also unveiled a voluntary buyout plan affecting about 60,000 employees worldwide. Cloud revenue soared with Azure seeing a 48 percent boost, signifying strong market demand. However, the Devices and Consumer segment saw a 3 percent revenue dip.
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