Thursday, June 2, 2022

Microsoft warns of drag on profit, sales with dollar surge


Microsoft tied a new lower forecast for the current quarter to unfavorable foreign exchange rates. About half of the company's fiscal 2021 revenue came from overseas.

source https://www.seattletimes.com/business/microsoft/microsoft-warns-of-drag-on-profit-sales-with-dollar-surge/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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