Microsoft quarterly results saved by cloud computing


Microsoft says sales slowed and profits slumped in the last quarter of 2022 as a darkening economic outlook pushes it to lay off 10,000 workers. – EPA pic, January 25, 2023.

MICROSOFT yesterday said sales slowed and profits slumped in the last quarter of 2022 as a darkening economic outlook pushed it to lay off 10,000 workers.

The Washington state-based tech giant – owner of LinkedIn, Xbox and Windows – said overall sales rose just 2% in the October-to-December period, to US$52.7 (RM225.8) billion, the slowest rise in six years.


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