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July 19, 2019
REDMOND (AP) — Microsoft on Thursday reported quarterly profit of $13.2 billion, powered in large part by a steadily growing cloud computing business that the company says now accounts for 30% of its total revenue.
The company said it had net income of $1.71 per share in the fiscal fourth quarter, which ended June 30. Earnings, adjusted for non-recurring gains, were $1.37 per share.
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