Microsoft warns of cloudy skies
@ 2022/10/27Cloud and PC business down
Microsoft warned that its cloud computing and PC business was slowing and sent their shares down 7 percent in after-market trading.
Cautious comments during a call with Wall Street analysts dashed hopes that continued demand for cloud services will offset the downturn in the PC market and help the world’s largest software company cope with widespread pressure in the IT market.
Microsoft warned that its cloud computing and PC business was slowing and sent their shares down 7 percent in after-market trading.
Cautious comments during a call with Wall Street analysts dashed hopes that continued demand for cloud services will offset the downturn in the PC market and help the world’s largest software company cope with widespread pressure in the IT market.