The Microsoft logo is shown on the Microsoft Theatre at the E3 2017 Electronic Entertainment Expo in Los AngelesMore
By Stephen Nellis
(Reuters) – When Microsoft Corp reports earnings on Wednesday, analysts expect some areas of its business to take a hit from the novel coronavirus pandemic, with lower-than-expected sales in areas like advertising on its LinkedIn social network.
But analysts also expect a surge in the use of Microsoft’s cloud computing services and collaboration tools such as the Teams app “as more companies are effectively forced into the cloud” by stay-home orders, as Macquarie Capital analysts Sarah Hindlian-Bowler and Calvin Patel wrote in a research note. Analysts expect those upticks to offset some of declines and position Microsoft as well or better than its peers