Latest News

Australia sanctions North Korean IT worker bosses and financiers

53% vs.19%: The budget divide separating AI leaders from everyone else

Relationships Australia SA uses AI agent to assess at-risk clients

AGL hits half-million milestone with passkey adoption

Russia-linked hackers use decentralised network in Ukraine cyberattack

Microsoft cuts forecast

By Nivedita Balu and Yuvraj Malik

Jun 3 2022 6:48AM

Stronger US dollar takes its toll.

Microsoft cuts forecast

Microsoft on Thursday cut its fourth-quarter forecast for profit and revenue, making it the latest US company to warn of a hit from a stronger greenback. A hawkish Federal Reserve and heightened geopolitical tensions have driven a 14 percent gain in the dollar against a basket of currencies ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Already have an account? Log in to read this article.

Got a news tip for our journalists? Share it with us anonymously here.

© 2019 Thomson Reuters. Click for Restrictions.

Tags:

azure cloud microsoft software windows

Partner Content

How David Jones, Canva and others are putting agentic AI to work

Promoted Content How David Jones, Canva and others are putting agentic AI to work

Protecting the Human Operating System: How Technology Teams Can Perform Under Pressure in an Always-On World

Promoted Content Protecting the Human Operating System: How Technology Teams Can Perform Under Pressure in an Always-On World

Australian mid-market businesses to access deeper AI and security expertise with First Focus-Integris partnership

Promoted Content Australian mid-market businesses to access deeper AI and security expertise with First Focus-Integris partnership

From ambition to impact: The next era of government transformation.

Promoted Content From ambition to impact: The next era of government transformation.

SPONSORED RESOURCES

Craft your ideal hybrid multicloud strategy

Craft your ideal hybrid multicloud strategy

Secure your AI future with generative AI defense

Secure your AI future with generative AI defense

See how F5 protects modern applications against evolving threats

See how F5 protects modern applications against evolving threats

8 Benefits of a Backup Service for IaaS, PaaS, and SaaS

8 Benefits of a Backup Service for IaaS, PaaS, and SaaS

5 Essentials for Effortless SaaS Data Resilience

5 Essentials for Effortless SaaS Data Resilience

Events

Most Read Articles

Edith Cowan University is building AI into its admissions process

Edith Cowan University is building AI into its admissions process

CBA uses Atlassian tool to stay focused on $400m AI goal

CBA uses Atlassian tool to stay focused on $400m AI goal

Flight Centre Global Leisure deploys AI agent to help build holidays

Flight Centre Global Leisure deploys AI agent to help build holidays

Meet Adapt, Westpac's Azure-based enterprise data platform

Meet Adapt, Westpac's Azure-based enterprise data platform

Cognizant to acquire DyFlex Solutions

Cognizant to acquire DyFlex Solutions

Six ANZ partners sign AI MOUs with Microsoft

Six ANZ partners sign AI MOUs with Microsoft

NEXTDC cuts FY27 guidance as Jemena delays stall M3 Melbourne power supply

NEXTDC cuts FY27 guidance as Jemena delays stall M3 Melbourne power supply

Axelo acquires Melbourne-based cybersecurity provider Cynch

Axelo acquires Melbourne-based cybersecurity provider Cynch

Jabra appoints Max Davies as managing director for Australia and New Zealand

Jabra appoints Max Davies as managing director for Australia and New Zealand

Most popular tech stories