Morgan Stanley: Microsoft's Profits Could Double by the 2029 Financial Year

The technology group Microsoft could double its earnings per share before the end of the decade, the American weekly magazine Barron's quoted Morgan Stanley analyst Keith Weiss as saying. He referred to the strong traction in the areas of cloud computing and AI software. Morgan Stanley expects annual growth in earnings per share of 16% Weiss assumes that Microsoft could achieve annual revenue growth of 14% and annual earnings per share growth of 16% by the 2029 financial year due to its "impressive" portfolio in the areas of cloud and AI. Microsoft's...