Wednesday, February 26, 2020

Microsoft says it will miss revenue forecast for Windows business segment due to coronavirus

Microsoft says it will miss revenue forecast for Windows business segment due to coronavirus

Microsoft said Wednesday it will miss quarterly revenue guidance for its "More Personal Computing" business segment due to the coronavirus outbreak.

"Although we see strong Windows demand in line with our expectations, the supply chain is returning to normal operations at a slower pace than anticipated at the time of our Q2 earnings call," the company said in a statement . "As a result, for the third quarter of fiscal year 2020, we do not expect to meet our More Personal Computing segment guidance as Windows OEM and Surface are more negatively impacted than previously anticipated. All other components of our Q3 guidance remain unchanged.

Publisher: GeekWire
Date: 2020-02-26T22:09:59 00:00
Author: https www facebook com ichiro51
Twitter: @geekwire
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