COVID-19: Microsoft Windows OEM, Surface segment to miss income expectations
As COVID-19 health emergency continues to take a toll on public health, the tech sector is equally shaken by its impact. After Apple, Microsoft may be the latest to vocalise impact to business over the spread of the condition.
Within an official blog, Microsoft said that for the 3rd quarter of the fiscal year 2020, it generally does not be prepared to meet More Personal Computing segment guidance as Windows OEM and Surface are more negatively impacted and the supply chain is time for normal operations are in a slower pace than anticipated.
On January 29, Microsoft issued quarterly income guidance for the segment between USD 10.75 and USD 11.15 billion. The business's guidance for all other pieces for Q3, 2020 remains unchanged.