Microsoft's Q3 2015: Surface and Lumia up, but profit down

Microsoft has published its Q3 fiscal 2015 earnings report, and the company has made $4.98 billion in net income on $21.7 billion in revenue. Revenue has increased 6 percent from the same quarter last year, but net income has dropped 12 percent. Microsoft does note that its financial results "include $190 million of integration and restructuring expenses" from the Nokia phone business deal.

It's the third quarter of Surface Pro 3 sales, and things don't appear to be slowing down. Surface-related revenue ($713 million) has increased by 44 percent from the same period last year. Once again, actual Surface sales are still unknown as Microsoft refuses to break them out, but the trend of Surface revenue increasing is a good indication that...

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