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https://i-invdn-com.akamaized.net/trkd-images/LYNXNPEG1P2AB_L.jpg(Reuters) – Microsoft (NASDAQ:) Inc said on Wednesday it does not expect to meet the third-quarter revenue forecast for its ‘more personal computing’ business, as a result of the coronavirus outbreak.
The company’s shares were down nearly 1% in after-market trading.
Microsoft said its supply chain was returning to normal operations at a slower-than-expected pace. (https://prn.to/2VlmHTI)
The company had previously expected the unit, which houses Windows, to post third-quarter revenue between $10.75 billion and $11.15 billion.
The coronavirus is believed to have originated in a market selling wildlife in the central Chinese city of Wuhan late last year. It has infected about 80,000 people and killed more than 2,700, the vast majority in China.
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