• Microsoft profits see major fall following layoffs

    13 days ago - By Tech Radar

    Microsoft has predicted a poor start to 2023 following disappointing end of the year results. Armed with the full financial picture from 2022, the company's figures show sales rose by 2% between October and December to reach a total of $52.75 billion, although this is the smallest quarterly increase in over six years for the tech giant. Company CEO Satya Nadella told analysts on a conference call that key areas of the business suffered during the months that rounded up 2022, including its Windows operating system and Microsoft Office software.
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