
Microsoft Q2 net income jumps 60% to USD 38.5 billion

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Microsoft Corporation reported a 60% increase in net income for Q2, reaching USD 38.5 billion. Total revenue for the quarter was USD 81.3 billion, with product revenue at USD 16.5 billion and service revenue at USD 64.8 billion. For the first half of the fiscal year, total revenue was USD 158.9 billion. The cost of product revenue for the quarter was USD 3.5 billion. The company also provided forward-looking guidance during its earnings call.
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