Microsoft Comments On Coronavirus Impact, Xbox Not Mentioned

Microsoft today issued an alert regarding the coronavirus and how its spread has already and will continue to impact the company’s business going forward. In a news release, Microsoft said it expects the More Personal Computing division–which includes Xbox–to make less money during the quarter than previously projected.

Microsoft said in January that it expected the More Personal Computing business unit to make between $10.75 billion and $11.15 billion for the current quarter. However, the company is now telling analysts and investors to expect a number below even the low-end of projections due to the coronavirus.

Microsoft’s supply chain is "returning to normal operations at a slower pace than anticipated," the company said. Due to this, the company isn’t expecting to make as much money. The Windows OEM and Surface categories were specifically called out as being "more negatively impacted than previously anticipated."

Continue Reading at GameSpot

Source: GameSpot

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