\n\nChip shortages have hit one of the world\u2019s largest software companies, Microsoft, and its lineup of Surface PCs.<\/p>\n\n\n\n
Microsoft reported net income of $16.5 billion (up 47 percent from a year ago) on revenue of $46.2 billion, an increase of 21 percent over the same period. But two key businesses suffered as a result of ongoing supply issues.<\/p>\n\n\n\n
Microsoft said that Surface revenue dropped 20 percent, or by $348 million, to $1.376 billion. In a statement, Microsoft said the shortfall was driven by \u201csupply chain constraints,\u201d without specifying what those constraints were. Microsoft also said that Windows OEM revenue decreased 3 percent, \u201cwith continued PC demand impacted by supply chain constraints.\u201d (Unfortunately, Microsoft executives didn’t clarify what those supply-chain issues actually were during an earnings call.)<\/p>\n\n\n\n
Microsoft launched the Surface Laptop 4 during the second quarter, a solid notebook. Otherwise, Surface sales were predicated upon the Surface Pro 7+, Microsoft\u2019s latest entrant into the Windows 2-in-1 tablet market.<\/p>\n\n\n\n
Interestingly, Microsoft\u2019s other key hardware business, the Xbox game console, was apparently not affected. Microsoft said that division’s revenue, driven by the Xbox Series X and Series S, had increased 172 percent to an undisclosed amount, \u201cdriven by higher price and volume of consoles sold.\u201d Xbox content and services revenue dropped, however, due to a decline in third-party titles, the company said. Also, strong sales during the 2020 pandemic made 2021 look weaker by comparison.<\/p>\n\n\n\n
In general, Microsoft\u2019s More Personal Computing segment, which includes PCs and Windows, reported $4.873B in operating income, compared to $4.091B a year ago. Revenue climbed from $12.9 billion a year ago to $14.1B in the current quarter. Productivity and Business Processes, which includes Office, reported $6.4B in operating income, up from $4.0B a year ago, on $14.7B of revenue.<\/p>\n\n\n\n
Buy Microsoft Laptop Battery Online<\/a> and Enjoy Great Deals & Lowest Price at Batteriestar.com<\/a>.\n\n<\/p>\n","protected":false},"excerpt":{"rendered":" Chip shortages have hit one of the world\u2019s largest software companies, Microsoft, and its lineup of Surface PCs. Microsoft reported net income of $16.5 billion (up 47 percent from a year ago) on revenue of $46.2 billion, an increase of 21 percent over the same period. But two key businesses suffered as a result of […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-538","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"\n