Business
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.
Updated : Mar 19, 2018, 06:08 AM IST
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.