Microsoft to move out of coronavirus crisis strongly: Satya Nadella
New York : Despite challenges poised due to coronavirus outbreak, Microsoft expresses confidence that they will move out of the crisis strongly.
Speaking to CNBC on Tuesday, CEO Satya Nadella said that the question is will there be enough demands from the US, Europe and other developed markets hit by the pandemic.
"We feel good about how we are able to meet the demands of work from home kits. On the supply side we are getting back on rails," Nadella said when asked whether Microsoft would be able to deliver later this year certain products, like the new Surface devices and a revamped Xbox gaming console, it had promised before the COVID-19 outbreak.
"The question now would be getting the products done and the launch. We are mostly going to focus on quality as well the situation in terms of demand and more importantly safety for the people," he said.
Last month, the company had announced that in this quarter, the company will not be able to reach its revenue guidance range.
"It is a healthy company in terms of financial strength. We have a great balance sheet, we are a very diverse business, we have a mix of annuity, non-annuity, that is also stronger than even the last time we even went into the financial crisis," he said.
"I feel confident we’ll come out of this, frankly, pretty strong," Mr. Nadella said.
He said the company’s cloud infrastructure and services have been holding up under increased demand.
If this was a previous generation of data centre architectures or software architectures, I don’t think we would have been able to deal with this crisis as effectively as we have been able to, he said.