Inside Microsoft’s quarter is a risk for any business reliant on ads
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Satya Nadella (chief executive officer, Microsoft Corp.) speaks at the keynote opening session of the Microsoft Developer Day Singapore on Friday May 27, 2016. Microsoft seems to be abandoning the smartphone market. Microsoft announced Wednesday it would axe up to 1,850 jobs in Finland, where the Nokia Oyj acquired its handset business two years back.
Bloomberg | Bloomberg | Getty Images
MicrosoftAlthough the company is not unfamiliar with supply chain problems in its hardware business it now warns about them impacting advertising. As supply chain problems arise, the company was among those warning that customers with large advertising budgets might need to cut back.
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