Microsoft earnings come up short, hit by global economic trends and cutbacks

BREAKING NEWS
Tuesday, Jul 26, 2022

Microsoft just reported its financial results for the three months ended June 30, 2022, the fourth quarter of its 2022 fiscal year. Both revenue and profits came in below Wall Street’s expectations. Microsoft said “evolving macroeconomic conditions and other unforeseen items” impacted its results in several ways.

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