Microsoft says virus hurting supply chain more than expected
komonews.com/news/tech/microsoft-says-virus-hurting-supply-chain-more-than-expected
The virus outbreak in China is hurting Microsoft more than expected, as the company said it won't meet targets that had already factored in the uncertainty.
In particular, Microsoft said revenue from Windows licenses and its Surface devices “are more negatively impacted than previously anticipated.” The company said demand for Windows products is still strong, but getting the supply chain back to normal is taking longer. That goes for both Microsoft-made Surface devices and Windows products made by third parties, which include Acer and Lenovo.
Last month, Microsoft predicted it would make between $10.75 billion and $11.15 billion in revenue from its personal computing business in the January-March quarter. Microsoft's chief financial officer, Amy Hood, said on a Jan. 29 earnings call that the company had widened the usual range for its revenue forecast because of the “uncertainty related to the public health situation in China.”
The company's statement Wednesday suggests that the range was not wide enough to reflect the spread of the outbreak and its ongoing effects.
>Oh noes, the cabal is losing revenue
>Let me shed a tear
>Naw