Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
SpaceX Seeks FCC Approval for Massive Solar-Powered Satellite Network to Support AI Data Centers 
SpaceX Updates Starlink Privacy Policy to Allow AI Training as xAI Merger Talks and IPO Loom 
Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
Jensen Huang Urges Taiwan Suppliers to Boost AI Chip Production Amid Surging Demand 
Nvidia Confirms Major OpenAI Investment Amid AI Funding Race 
Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Instagram Outage Disrupts Thousands of U.S. Users 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Microsoft is in a delicate situation right now where its main revenue driver since the beginning is quickly becoming irrelevant in an increasingly mobile-centric world. However, its prospects in nearly every other venture are booming. Its performance is particularly positive with regards to its Surface devices and its Cloud services.
Since 1985, Microsoft Windows has been the gold standard when it comes to computer productivity, which made it popular among businesses and home users. With the advent of smartphones and the popularity of the MacBook from Apple, the company that Bill Gates started has had to give a lot of ground, Business Insider reports.
Soon, Microsoft is set to unveil yet another Surface offering, which is aimed at beating Apple’s own notebook device. Based on its most recent quarterly earnings report, things certainly seem to be on the up and up in terms of hardware revenue. Windows performed strongly as well, but overall, profits from the OS have stayed relatively flat.
It seems Microsoft itself realizes this, which is why it’s pushing hard to sell its Surface family of gadgets and why it’s also throwing a lot of weight at its cloud computing services like Azure. By all accounts, the company has succeeded.
According to its latest earnings report, Microsoft made $20.5 billion while the net income stood at $4.7 billion, The Verge reports. Much of the strong performance is being attributed to the phenomenal revenue generated by both MS Office and the company’s Cloud offering.
In terms of hardware sales, the Surface line enjoyed a good spot by raking in $926 million during the quarter. Compared to the same quarter in 2015, revenue jumped by a full 38 percent. It’s still no match for Apple’s MacBook and iPad Pro, but it didn’t need to be.
According to Forbes, Microsoft’s goal for the Surface family right now is to establish the lineup as a serious contender in the hardware market. This means gathering a loyal following, proving that Windows 10 is the best OS in the industry, and generally have a brand that users can get on board.
