Microsoft just posted the first quarter of its 2027 fiscal financial results. The software maker made $92.3 billion in revenue and a net income of $33.6 billion during Q1. Revenue is up 19 percent, and net income has increased by 32 percent. It's a new financial year for Microsoft, so the company is changing up how it reports its finances by splitting its businesses into two segments for the first time.

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Gone are the previous segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. It's now just Agents and Infra, and Devices and Consumer. Agents and Infra, which includes businesses like Azure, Microsoft … Read the full story at The Verge.

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