Microsoft Head of Xbox Series X Issues: Businesses in Asia Resume, but Demand May Fall in US and Europe

Chapter Microsoft Satya Nadella commented on the situation with the supply of components for the next generation of consoles Xbox Series X and other equipment. As a senior manager explained, the epidemic in Asia is gradually weakening, and enterprises are resuming work.

The main problem is a possible drop in demand for products in the US and Europe, where the epidemiological situation is deteriorating. Whether the market will be able to recover by the end of the year after the situation with coronavirus is the main question.

“In terms of supplies, we are back on track,” he explained to CNBC, commenting on the issue of restoring the production chain.

Regarding the financial condition of Microsoft, Nadella considers the company’s position to be very strong, which is associated with the diversification of the business and the demand for the services it provides. Therefore, he is confident that the IT giant will cope with problems with minimal losses.

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