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That $52.9 billion surprised Wall Street, which expected $51 billion.
As a result, Microsoft’s stock is up 5% in after-hours trading.
Windows Centrals Take
Unfortunately, none of this news is too surprising.
Apple resumed chip production in March, but only at half the previous level.
Likewise, Surface Duo 2 is discontinued and has no replacement until sometime in 2024.
But it also remains to be seen if Microsoft can renew consumer interest in its usually exciting Surface hardware.
