Microsoft states Surface, Windows sales were harmed by chip shortages

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Chip scarcities have struck one of the world’s biggest software business, Microsoft, and its lineup of Surface PCs.Microsoft reported net earnings of $165 billion (up 47 percent from a year ago) on earnings of $462 billion, a boost of 21 percent over the same period. 2 essential businesses suffered as a result of continuous supply issues.Microsoft stated that Surface revenue dropped 20 percent, or by $348 million, to $1. In a statement, Microsoft stated the deficiency was driven by “supply chain restraints,” without specifying what those constraints were.

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