Microsoft sees cloud business growth, but supply woes continue for Xbox


FILE PHOTO: A Microsoft logo is seen on an office building in New York City, U.S. on July 28, 2015. REUTERS/Mike Segar

(Reuters) -Microsoft Corp on Tuesday forecast a strong end to the calendar year thanks to its booming cloud business but said supply chain woes will continue to dog key units such as those producing its Surface laptops and Xbox gaming consoles.

The company beat Wall Street expectations for its fist quarter ended Sept. 30, with pandemic-induced demand for the software giant's cloud-based services driving sales.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Keep yourself and your money safe from these four scams
Meta is following X's playbook on fact-checking. Here's what it means for you
Got a package you didn’t order? Why you should be concerned
Trump, Zuckerberg meet at Mar-a-Lago, Semafor reports
Opinion: If your phone had feelings would you treat it differently? It could happen sooner than you think
Location tracking company Unacast tells Norway its data was hacked, broadcaster says
TSMC begins producing 4-nanometer chips in Arizona, Raimondo says
Explainer-What happens after the TikTok ban?
US supports Musk argument in OpenAI lawsuit
HPE secures $1 billion AI server deal for Elon Musk's X, Bloomberg News reports

Others Also Read