Microsoft's Q1 2015: Surface growing strongly and Lumia sales up

Microsoft has published its Q1 fiscal 2015 earnings report, and the company has made $4.5 billion in net income on $23.20 billion in revenue. Revenue has increased compared to $18.53 billion from the same period last year, but net income has decreased 14 percent compared to last year's $5.24 billion. Microsoft's drop in profits are largely related to $1.14 billion of integration and restructuring expenses following the Nokia phone business acquisition.

With the launch of the Surface Pro 3 in late June, we’ve finally got a full quarter of Surface revenue that includes Microsoft’s latest tablet. While Surface sales are still a mystery, Surface revenue was $908 million this quarter, up a massive 127 percent from the $400 million this time...

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