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Microsoft says Surface, Windows sales were hurt by chip shortages |
July 28, 2021
Chip shortages have hit one of the world’s largest software companies, Microsoft, and its lineup of Surface PCs.Microsoft reported net income of $16.5 billion (up 47 percent from a year ago) on revenue of $46.2 billion, an increase of 21 percent over the same period. But two key businesses suffered as a result of ongoing supply issues.Microsoft said that Surface revenue dropped 20 percent, or by $348 million, to $1.376 billion. In a statement, Microsoft said the shortfall was driven by “supply chain constraints,” without specifying what those constraints were. Microsoft also said that Windows OEM revenue decreased 3 percent, “with continued PC demand impacted by supply chain constraints.” (Unfortunately, Microsoft executives didn't clarify what those supply-chain issues actually were during an earnings call.)To read this article in full, please click here
Link: https://www.pcworld.com/article/3626933/microsoft-surface-and-windows-sales-were-hurt-by-chip-shortages.html#tk.rss_all
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