Surface, Windows won't hit revenue guidance due to coronavirus

Microsoft says its supply chain is returning to normal at a "slower pace than anticipated."

What you need to know


Microsoft expects to miss its third quarter guidance for its "More Personal Computing" segment.
The reason for Microsoft's warning is the lingering impact of coronavirus on its supply chain.
More Personal Computing encompasses Microsoft's Surface and Windows businesses.


Microsoft issued a warning today that it doesn't expect to meet its guidance for Windows OEM and Surface revenues when it reports results for its third fiscal quarter. The cause, Microsoft says, is the effect of coronavirus on the operations of its supply chain, which are returning to normal at a "slower pace than anticipated."

From Microsoft:


Although we see strong Windows demand in line with our expectations, the supply chain is returning to normal operations at a slower pace than anticipated at the time of our Q2 earnings call. As a result, for the third quarter of fiscal year 2020, we do not ...