1. Welcome Guest! In order to create a new topic or reply to an existing one, you must register first. It is easy and free. Click here to sign up now!.
    Dismiss Notice

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

Discussion in 'Microsoft News' started by Tom Warren, Apr 23, 2015.

  1. Tom Warren

    Tom Warren Guest

    d9afb5f1a991ea17d85f8131cc6f3445.jpg
    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...

    Continue reading…

    18ebb81dae65ec94edaaef415de53a97._.gif

    Continue reading...
     

Share This Page