According to a CNBC report on Tuesday, Nadella said that "on the supply side we are getting back on rails", adding that the big question would be whether demand holds up in the US and Europe.
"We have a great balance sheet, we are a very diverse business, we have a mix of annuity, non-annuity, that is also stronger than even the last time we even went into the financial crisis. I feel confident we'll come out of this, frankly, pretty strong,' he was quoted as saying.
On January 29, Microsoft issued quarterly revenue guidance for its 'More Personal Computing' segment between $10.75 and $11.15 billion, which included a wider than usual range to reflect uncertainty related to the public health situation in China.
"As the conditions evolve, Microsoft will act to ensure the health and safety of our employees, customers, and partners during this difficult period," said the company, adding that it would continue to partner with local and global health authorities to provide additional assistance.
In its second quarter (October-December period), Microsoft reported revenue of $36.9 billion and a profit of $11.6 billion. Surface revenue for the quarter was up 6 per cent (year over year) to $1.9 billion.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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