### Microsoft Reports Quarterly Revenue of $64.7 Billion
**15% Year-Over-Year Increase**
Microsoft reported earnings of $2.95 per share for the fourth quarter, which ended on June 30, surpassing expectations of approximately $2.93 per share.
The company posted quarterly revenues of $64.7 billion, marking a 15% increase year-over-year, slightly exceeding projections.
Microsoft’s Xbox video game division recorded a 61% growth in content and services revenue, primarily driven by the $69 billion acquisition of Activision Blizzard.
It’s noteworthy that Microsoft Azure and Office 365 services experienced partial disruptions just hours before the financial results were announced, impacting customer services like Starbucks.
By/radwa sherif✏️✏️📚