Microsoft posts $92.3bn quarterly revenue after offering buyouts to 60,000 employees
The company's financial growth was largely driven by its Azure cloud computing division, which saw a 48% increase in the September quarter. This positive financial report followed the company's offer of voluntary buyouts to approximately 60,000 employees.
Key points
- Quarterly revenue reached $92.3bn with $36.6bn in profit
- Azure cloud computing division grew by 48%
- Results exceeded Wall Street expectations
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