Microsoft Revenue Up 2 Percent, but Profit Drops 12 Percentnytimes.com/2023/01/24/technology/microsoft-profit-drop.html
Microsoft on Tuesday reported its slowest growth in six years and cautioned that a broader slump will continue as both consumers and businesses put the brakes on spending.
The technology giant said revenue increased 2 percent from a year earlier to $52.7 billion for the three months that ended in December. Profit fell 12 percent to $16.4 billion.
Both were below Wall Street…