Not surprisingly, Microsoft experienced slowing purchases from small-and-medium size businesses during the second quarter in 2020, which primarily impacted the companies transactional Office and
Windows OEM-Pro businesses. The Search business, though rates stabilized through the quarter, Microsoft experiences reduced advertising spend on Microsoft Advertising and Bing, according to the
company. Search revenue ex-TAC declined 18% and 17% in constant currency.Read the whole story at Seeking Alpha »
