Wednesday, February 26, 2020

Microsoft cuts sales forecast, citing coronavirus impact on PCs


Microsoft reduced its sales forecast for the current quarter because of the impact of the coronavirus outbreak on personal-computer suppliers and manufacturers in China, heightening concerns that the U.S. technology industry is facing a serious shock. In a statement Wednesday, the Redmond-based company said it doesn’t expect to meet earlier guidance for fiscal third-quarter revenue […]

source https://www.seattletimes.com/business/microsoft-cuts-sales-forecast-citing-coronavirus-impact-on-pcs/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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