Microsoft’s financial results are uneven, the PC industry is showing a slowdown
Microsoft released its financial results for the fourth quarter of 2022 last night, and while they look pretty good on paper, if we dig into the details, we can see the crisis the PC industry is going through. Windows and PC sales fell nearly 40%, explaining the massive layoffs. Microsoft is doing well The fourth calendar quarter of 2022 was very uneven for Microsoft. Although revenue was up slightly (2%) from the previous year to $52.7 billion, net profit fell significantly, down 12% to $16.4 billion. However, if you read…
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