Microsoft Shares Fall As Company Warns Of Q3 Earnings Miss Due To Coronavirus Impact

The Redmond-based company said that the continued spread of the coronavirus (COVID-19), especially in China, has affected the sales in its “More Personal Computing” segment, with Windows operating system and Surface laptops. “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,” Microsoft said in a statement.