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Coronavirus/tech stocks: issue warning 

The US tech industry response to the coronavirus crisis has moved beyond conference cancellations and a refusal to shake hands in meetings. On Wednesday Microsoft joined Apple in declaring that disruption in China due to the viral outbreak would affect sales in the next quarter. Microsoft’s “More Personal Computing” segment will fall short of sales guidance of between $10.75bn and $11.15bn. Read More...

The US tech industry response to the coronavirus crisis has moved beyond conference cancellations and a refusal to shake hands in meetings. On Wednesday Microsoft joined Apple in declaring that disruption in China due to the viral outbreak would affect sales in the next quarter. Microsoft’s “More Personal Computing” segment will fall short of sales guidance of between $10.75bn and $11.15bn.

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