Microsoft is rolling in dough, no thanks to Surface

Devindra Hardawar/Engadget Microsoft’s most recent Q1 2024 earnings report continues the company’s upward trajectory thanks to the cloud. Microsoft’s earnings reached $56.5 billion, up 13 percent from last year! Profits hit $22.3 billion, up 27 percent. Almost every aspect of Microsoft’s business is a success — that is, except for its devices, which dropped 22 percent from last year. That segment, which includes its Surface hardware, HoloLens and accessories, has been in decline over the last two years. It fell from $7.2 billion in revenue in 2020 to $6.5 billion in 2021 and $5.4 billion in 2022. And there […]

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