On Tuesday (10/25), Microsoft announced the company’s financial report for the first quarter of its 2023 fiscal year ended September 30 this year. In the quarter, Microsoft recorded revenue of $51 billion, an increase of 11% over the same period last year, although operating income (Operating income) It also rose 6% to $21.5 billion, but net income fell 14% to $17.6 billion. Although Microsoft’s financial report was in line with analysts’ expectations, Microsoft’s stock price fell 6.71% to $233.85 after the market that day.
