According to the Vietnam News Agency correspondent in New York, Microsoft’s sales growth in the fourth quarter of 2022 fell to the lowest level in the past 6 years, amid a decline in demand for the company’s software and cloud services. due to concerns about the health of the global economy.
According to the Wall Street Journal, Microsoft’s revenue in the fourth quarter of 2022 reached $52.7 billion, equivalent to a 2% increase year-on-year. Its net profit fell 12% to $16.4 billion. This is the lowest revenue growth for Microsoft since the second quarter of 2016.
Microsoft is the first technology giant in the US to announce its financial report for the fourth quarter of 2022. This company and many other technology corporations have also announced plans to cut tens of thousands of employees.
Microsoft last week said it would cut 10,000 jobs due to the impact of the global economic slowdown. This is the time lay off workers Microsoft’s biggest in the past 8 years.
[Tập đoàn công nghệ Microsoft sa thải 10.000 nhân viên]
Demand for Microsoft’s Windows operating system has decreased recently due to falling sales of personal computers. Companies, households, and governments that used to boost computer purchases during the COVID-19 pandemic now cut demand.
According to data from market research firm Gartner Inc (USA), global sales of personal computers fell 29% in the fourth quarter of 2022 compared to the same period a year ago. Analysts expect this trend to continue until at least 2024.
Hoai Thanh (VNA/Vietnam+)