Microsoft reports weaker Surface and Windows revenue amid global chip shortage
Microsoft posted the fourth quarter of its fiscal 2021 financial results today, reporting revenue of $46.2 billion and a net income of $16.5 billion. Revenue is up 21 percent, and net income has increased by 47 percent. While cloud and Office services have boosted Microsoft’s revenues, it’s clear that the global chip shortage is taking its toll elsewhere.
With the PC market experiencing its first big growth in 10 years earlier this year, there were some signs recently that laptop and PC sales could be starting to slow again amid a global chip shortage. Microsoft’s Windows results this quarter reflect that.