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Microsoft Surface FY20 Q3 revenue holds steady at $1.3 billion amid COVID-19 pandemic

Update: Microsoft is expecting strong demand for Surface side by side quarter with revenue growth in the "depression teens." Windows growth in "low to mid single digits."

Microsoft's earnings report is out for the third quarter of its 2022 fiscal yr, and the company raked in $35 billion chirapsia a $33.86 billion estimate.

The large news for More Personal Computing, especially the Surface sectionalization, is good all around. Microsoft is reporting $1.3 billion in revenue for Surface, which is up just one per centum year-over-yr ($1.329 billion).

That number contrasts with the figures for early Jan, which pegged Surface acquirement at almost $2 billion.

As has become a theme in contempo earnings reports, Microsoft'south cloud business connected to smoothen. Its revenue overall in the Productivity and Business concern Processes segment was upwards 15 percent to $11.vii billion. Meanwhile, revenues in the Intelligent Cloud segment were up 27 percent to $12.iii billion. The leading indicator there was that server products and deject services revenue saw a gain of 27 per centum, led by Azure revenue growth of 59 percent.

In the More than Personal Computing segment, which encompasses Windows, Xbox, Search, and Surface, revenue reached $11 billion, which represents a iii pct increment. Windows OEM acquirement stayed apartment twelvemonth over year, while Windows Commercial products saw a rise of 17 percent. Search advertising revenues rose 1 percent.

Microsoft does non break out the numbers for Surface individually, so it is unclear which device is selling the all-time. Microsoft launched Surface Pro vii, Surface Pro X, and Surface Laptop three (including a new xv-inch model) in tardily 2022.

Undoubtedly, the current pandemic has had an touch on supply chains from Prc, consumer purchasing power, need, and the needs of growing work-from-home employees.

Windows ten non-Pro revenue did refuse by 10 percent "driven by continued pressure level in the entry-level category and supply chain constraints in China." On the flipside, Windows OEM Pro acquirement was upward v percentage due to "strong Windows ten momentum" and "need from remote work and larn scenarios start by supply chain constraints in China."

However, Microsoft was quick to point out that overall, "COVID-19 had a minimal net impact on the total company revenue."

More data on guidance for side by side quarter is expected on the Microsoft earnings telephone call at 5:30 PM ET. This article will exist updated with that data as it becomes bachelor.

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Source: https://www.windowscentral.com/microsoft-surface-fy20-q3-surface

Posted by: rommelcouldic.blogspot.com

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