Microsoft expects overall sales for the current quarter to reach up to $44.2 billion, Chief Financial Officer Amy Hood said on a call with analysts Tuesday.
She said the company’s productivity and business processes revenue should come in between $14.5 billion and $14.75 billion, with the so-called intelligent cloud arm generating revenue between $16.4 billion and $16.65 billion, and more personal computing revenue between $12.4 billion and $12.8 billion. The guidance is broadly ahead of Wall Street expectations, and shares shifted up in after-hours trading after having previously been down in late trading.
Microsoft said it expects PC makers to start installing Windows 11 on devices in the current quarter, though revenue associated with those activities will be deferred until the following period.
Ms. Hood said the company projects around $300 million in deferred revenue for this quarter it can formally book later.