As Microsoft Corp. gears up to report earnings in the present, it’s becoming ever harder for Wall Street not to get swept up by the future.
Microsoft MSFT is viewed as a huge potential artificial-intelligence beneficiary in the eyes of investors, but the company has its share of challenges in the near term. For one, the company’s Azure cloud-computing business has been in a slowdown, while the Windows business is in decline amid a tough market for personal computers.
Revenue: The FactSet consensus calls for $55.5 billion in June-quarter revenue, ahead of the $51.9 billion in revenue that Microsoft logged a year earlier. Those contributing to Estimize project $56.1 billion on average. What else to watch for While Guggenheim analyst John DiFucci anticipates a decline in the Windows business, he doubts it will be as steep as the low-to-mid-20% drop implied by the company’s forecast.
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