Microsoft (MSFT) provides guidance:
Importance
Level 1
- Sees Q3 rev. USD 80.65bln-81.75bln (exp. 80.5bln).
- Sees Q3 Azure and other cloud services revenue growth between 37% to 38% in constant currency.
- Sees Q3 Productivity and Business Processes revenue of USD 34.25bln-34.55bln (exp. 33.78bln).
- Sees Q3 More Personal Computing revenue is at USD 12.3bln-12.8bln (exp. 13.6bln).
- Sees Q3 operating margins to be down slightly Y/Y.
- Sees Q3 operating expenses of between USD 17.8bln-17.9bln.
- Executive said Windows OEM revenue should decline about 10% due to potential impacts on PC market from increased memory chip pricing.
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