Microsoft's Surface sales soar to nearly $2 billion, though chip shortages are hurting

Revenue from Microsoft’s Surface lineup topped nearly $2 billion for Microsoft’s fourth calendar quarter—and Microsoft believes so strongly in its success that it’s predicting another 20-percent growth on top of that for the current quarter.In fact, Surface sales are upending Windows’ traditional role at Microsoft—even though it’s likely Intel’s fault. For even as Surface rises, PC sales are suffering because of a lack of chips, Microsoft said Wednesday.In all, sales of Microsoft Surface devices grew about 39 percent, “ahead of expectations,” to $1.86 billion, Microsoft chief financial officer Amy Hood said during an analyst call covering Microsoft’s second fiscal quarter of 2019. Overall, Microsoft made $8.4 billion on revenue of $32.5 billion, up 12 percent overall.To read this article in full, please click here