This Key Product Could Give Microsoft's Earnings a Nice Boost
Microsoft (NASDAQ: MSFT) will release its fiscal 2022 first-quarter earnings report on Tuesday, Oct. 26, and investors will be looking forward to another solid set of results from the company that has turned out to be a rewarding investment so far this year. The top-line forecast is within Microsoft's guidance of $43.3 billion to $44.2 billion, so the company looks well placed to satisfy Wall Street's expectations on that front. Let's look at the reasons why the Xbox gaming consoles could move the needle in a big way for Microsoft and play an important role in the long-term growth.