Microsoft Reduces Its Revenue Forecast Due to Coronavirus
Microsoft Reduces Its Revenue Forecast Due to Coronavirus Microsoft has announced that it would not hit the expected earnings projected for the third quarter of fiscal year 2020 in the personal computing segment (sales of Windows licenses and Surface devices) due to the outbreak of coronavirus. Other divisions of the company are not likely to be affected. “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....