Microsoft warns of Covid-19 financial hit | The Malaysian Insight

Microsoft warns of Covid-19 financial hit

Licensing Windows software to computer makers is a major source of revenue for Microsoft, meaning temporary closures or interruptions of production at factories run by partners can cobble its revenue. – AFP pic, February 27, 2020.

MICROSOFT yesterday lowered its revenue estimates for the current quarter, saying it will feel the impact of the coronavirus epidemic with lower sales of Windows software and Surface devices. The US tech giant became the latest global firm to warn of a financial hit from the global outbreak of the disease which has killed thousands worldwide.

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