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Microsoft profits down 14% as Windows hit by weak PC sales

Por: New York Post Tech October 26, 2022

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Microsoft Corp posted its slowest quarterly revenue growth in five years and a 14% drop in profit on Tuesday as the tough macroeconomic conditions , which had supercharged the earnings for years. The company reported revenue of $50.12 billion for its fiscal first quarter, up 11% year-on-year, and slightly above analysts’ expectations of $49.61 billion, according to Refinitiv IBES data. “The Street is fearing a softer guide from Nadella and... + full article



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