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Asharq Al-Awsat
Asharq Al-Awsat
Technology
Asharq Al-Awsat

Microsoft Earnings Fall Short as Computer Sales Sag

FILE PHOTO: The Microsoft sign is shown on top of the Microsoft Theatre in Los Angeles, California, US October 19,2018. REUTERS/Mike Blake/File Photo

Microsoft on Tuesday said that its earnings in the recently ended quarter fell shy of expectations as personal computer sales suffered from production holdups in China and sagging demand.

The US technology giant reported profit of $16.7 billion on revenue of $51.9 billion, topping the same quarter a year earlier but missing market forecasts, AFP said.

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