Microsoft doesnt expect to meet sales guidance on Windows and Surface computers due to coronavirus

Microsoft said Wednesday it no longer expects to meet the revenue guidance it issued less than a month ago, due to the coronavirus's impact on its supply chain.

The tech giant had announced third quarter revenue estimates of $10.75 billion to $11.15 billion on January 29. Those numbers are no longer accurate because Windows and Surface laptops are "more negatively impacted than previously anticipated," the company said

While Microsoft (MSFT) said it has seen strong Windows demand, its supply chain is recovering more slowly than anticipated. Chinese manufacturers closed factories during the Lunar New Year holiday but the closure was extended by weeks as the coronavirus began to spread through the country. While some factories have reopened, Microsoft said it may take a while to resume normal operations.

Microsoft's announcement comes a week after Apple warned that it no longer expects to meet its previous revenue guidance for the upcoming March quarter, citing "a slower return to normal conditions than we had anticipated."

Source: CNNBusiness

ჩვენ გირჩევთ

Apple Patent Reveals Unusual iPhone Design

Tesla share price has dropped by more than $100 in two days

Apple Patent Reveals Unusual iPhone Design

Apple Patent Reveals Unusual iPhone Design

წინა სტატია

რომელი ქვეყნების მოსახლეობა გამდიდრდა ყველაზე მეტად 2019 წელს
27 თებერვალი, 2020

შემდეგი სტატია

Microsoft-ი იმ რაოდენობის შემოსავალს აღარ ელოდება, რაც წინასწარ ჰქონდა დაგეგმილი
27 თებერვალი, 2020
საქართველოს 100 უმსხვილესი კომპანია
რეიტინგი | ივლ, 20, 2020
ბათუმის ახალი პერსპექტივა
ბიზნესი | ივლ, 21, 2020
ყველაზე შემოსავლიანი აუდიტორული კომპანიები
რეიტინგი | ივლ, 24, 2020
Forbes Georgia in EnglishForbes WomanForbes Banker