Stefan Mileschin

Adjusting our outlook

Software King of the World Microsoft said it does not expect to meet its quarterly revenue forecast for its Windows and personal computing business as a result of the coronavirus outbreak.

The company said the remaining elements of its fiscal third-quarter outlook were unchanged.

"Although we see strong Windows demand in line with our expectations, the supply chain is returning to normal operations at a slower pace than anticipated", the company said in a statement.

Microsoft is the second company in the trillion dollar club to withdraw outlook. Earlier this month, Apple said that it may not be able to meet its March-quarter sales forecast.

The software maker had previously expected the More Personal Computing unit, which houses Windows, to post third-quarter revenue between $10.75 billion and $11.15 billion.

Its Windows and Surface computers had been more negatively impacted than expected, Microsoft said in a statement.

The coronavirus outbreak, believed to have originated in a market selling wildlife in the central Chinese city of Wuhan late last year, has infected about 80,000 people and killed more than 2,700, the vast majority in China.
https://fudzilla.com/news/50385-wind...aught-kung-flu