Microsoft Admits Coronavirus Impact Worse than Expected

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Microsoft has downgraded its revenue guidance owing to the coronavirus outbreak, saying shipments by Original Equipment Manufacturers (OEMs) making personal computers running Windows, and production of its own Surface line, are “more negatively impacted than previously anticipated”

The company is the latest to warn of the impact from the burgeoning Covid-19 epidemic, following Apple on February 17, which said that it was experiencing “slower return to normal conditions than we had anticipated”. (The company was referring to conditions at iPhone manufacturing partner sites, as well as consumer demand in China as stores remain closed across

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