Twitter
Advertisement

Microsoft reports 8% revenue gain in second quarter of 2015

According to the Verge, Microsoft does note that it has incurred a further "$243 million of integration and restructuring expenses" related to the Nokia phone business purchase, which explains part of the drop.

Latest News
article-main
Satya Nadella, Chief Executive Officer, Microsoft
FacebookTwitterWhatsappLinkedin

Microsoft has released its second quarter results from fiscal year 2015, revealing an increase in the revenue by 8% from the same quarter last year, as it made $5.6 billion in net income on $26.5 billion in revenue.

However, the company’s net income dropped 10%.

According to the Verge, Microsoft does note that it has incurred a further "$243 million of integration and restructuring expenses" related to the Nokia phone business purchase, which explains part of the drop.

The company said that it was into a second quarter of Surface Pro 3 sales, and Surface-related revenue ($1.1 billion) has jumped 24% from the same period last year.

Microsoft is beginning to regain momentum against Sony’s PlayStation 4 in the US, and the company notes that it has sold 6.6 million Xboxes (that’s Xbox One and Xbox 360) in the quarter ended December 31st, the report added. 

Find your daily dose of news & explainers in your WhatsApp. Stay updated, Stay informed-  Follow DNA on WhatsApp.
Advertisement

Live tv

Advertisement
Advertisement