Its consumer categories are expected to shrink even further with revenue to decline a bit to $50.5-51.5 billion.ĭespite these challenges, Microsoft CEO Satya Nadella highlighted the company's strength in AI. Microsoft cited multiple macroeconomic and execution challenges for these declines and hinted at similar results in its ongoing quarter too. Windows OEM and Commercial revenue was down by 39% and 3% respectively, Xbox content and services shrunk by 12%, and Surface devices revenue fell 39%. Although it posted a revenue of $52.7 billion - which is a growth of 2% compared to the same quarter last year - with strong figures in the cloud and its enterprise products, it faced significant declines across consumer categories like Windows, Xbox, and Surface. Earlier in the week, Microsoft shares its latest financial numbers covering its FY23 Q2 period ending on December 31, 2023.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |