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Read the latest financial and business news from Yahoo Finance By contrast, Microsoft built itself into one of the world’s largest companies with a focus on steady recurring revenue streams. You might not need a new smartphone or laptop every year, but a software license, cloud-computing package or video game subscription means ongoing payments—and client stickiness. The Q2 2024 earnings outlook for "world finance company" remains optimistic, with forecasted net income growth at 9% year-over-year, supported by consumer credit expansion trends.
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