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Microsoft says supply issues will continue for Xbox, sees cloud business growth

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Microsoft says supply issues will continue for Xbox, sees cloud business growth

Microsoft on Tuesday forecast a strong end to the calendar year thanks to its booming cloud business, but said supply chain problems will continue to dog key units such as those that make its Surface laptops and Xbox game consoles. The company beat Wall Street expectations for the first quarter ended Sept. 30, as pandemic-induced … Read more

Microsoft, Amazon and Google get it right as customers cut costs on cloud and data center services

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Microsoft, Amazon and Google get it right as customers cut costs on cloud and data center services

Amazon, Microsoft and Intel said this week that customers are attacking cloud and datacenter spending, in yet another sign that big companies may be bracing for an impending recession. Cloud services have for years been one of the biggest and most reliable sources of growth for some of the biggest tech companies, including during the … Read more