Tech giant (NASDAQ: MSFT) recently closed its fiscal year 2024 with its fourth-quarter earnings report. It's remarkable that the world's second-largest company by market cap, a behemoth with over $200 billion in annual revenue, can still grow as it does. Microsoft's Q4 earnings topped Wall Street's expectations in both revenue and profits, yet the stock sold off somewhat on the news.
Are there signs of trouble buried in the fine print of Microsoft's quarter? This Fool analyzed earnings to find out what went right, what went wrong, and whether the stock is buyable today.
If you forgot how prevalent Microsoft's products are in society, look no further than the recent IT outage, which froze millions of computers worldwide, affecting airlines, banks, and other services. Microsoft touches virtually all areas of worldwide technology today. Its software powers personal and enterprise computer systems. Azure, its cloud platform, is a foundation for the internet. The company also owns leading gaming brands, the networking site LinkedIn, and more.
Source Fool.com