Microsoft’s Earnings: 2 COVID-19 Questions That Need Answering
Microsoft's (NASDAQ: MSFT) cloud business is booming, as work-at-home becomes the new normal amid the COVID-19 pandemic. At the same time, the rest of its operations are being hurt by the same forces driving demand for its cloud services. It's unclear which will win out, or even whether the increased usage for cloud services will cushion some of the blow from the pandemic. Investors will want answers to that question when Microsoft reports third-quarter earnings this week.
Image source: Getty Images.
Microsoft already warned investors that the pandemic would hurt its PC unit this quarter. But it only withdrew its target for its More Personal Computing segment, leaving the rest of its businesses alone.
Source Fool.com
