In his opening comments on Microsoft’s Q1 FY23 conference call, CEO Satya Nadella said the following: “To start, I want to outline the principles that are guiding us through these changing economic times. First, we will invest behind categories that will drive the long-term secular trend where digital technology as a percentage of world’s GDP will continue to increase. Second, we’ll prioritize helping customers get the most value out of their digital spend so that they can do more with less. And finally, we’ll be disciplined in managing our cost structure.” The need for that preface is telling; Microsoft is not immune from the broader macroeconomic pressures being felt throughout the economy, and it seems likely more pain lies ahead.
Microsoft: "The Ultimate Tailwind"
Microsoft: "The Ultimate Tailwind"
Microsoft: "The Ultimate Tailwind"
In his opening comments on Microsoft’s Q1 FY23 conference call, CEO Satya Nadella said the following: “To start, I want to outline the principles that are guiding us through these changing economic times. First, we will invest behind categories that will drive the long-term secular trend where digital technology as a percentage of world’s GDP will continue to increase. Second, we’ll prioritize helping customers get the most value out of their digital spend so that they can do more with less. And finally, we’ll be disciplined in managing our cost structure.” The need for that preface is telling; Microsoft is not immune from the broader macroeconomic pressures being felt throughout the economy, and it seems likely more pain lies ahead.