On today's Q3 earnings conference call with investors, $MSFT CFO Amy Hood said the company expects June quarter revenues in its Productivity and Business Processes segment to range from $13.8B to $14.05B. Wall Street has been expecting $13.7B. For Intelligent Cloud, she says, revenue is expected to range from $16.2 billion to $16.45 billion, ahead of the previous Street forecast of $16 billion. For More Personal Computing, Hood adds, the company sees revenue of between $13.6B and $14B, ahead of the Street at $13.2B. She said the company sees a mid-teens declined in Surface, due to component-related supply constraints, and she likewise sees Xbox hardware revenue seeing continued supply issues. She says that Search revenue would be in the high 40s on a percentage basis, driven by growth in advertising.
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