News Snapshot:
body > Microsoft is taking a conservative approach to ongoing lockdowns in China, which threaten to extend the instabilities in the existing PC supply chain that have persisted throughout the pandemic. But company executives sounded the alarm that these new shutdowns will have an effect on PC and console sales. During its earnings report for the first calendar quarter of 2022, Microsoft said that revenue in its More Personal Computing division was $14.5 billion, up 11 percent over the same period a year ago. Microsoft Surface revenue increased by 13 percent. Overall, Microsoft reported net income of $16.73 billion (up...
