Sunday, 11 December 2016

Nokia buy weighs on Microsoft's profits

By Mary Lennighan, Total Telecom
Wednesday 23 July 14

Software giant posts revenue hike thanks to new devices business, but profits hit; cloud business drives growth.

Microsoft on Tuesday published its first set of financial results since its acquisition of Nokia, and the numbers show that the Finnish vendor had a hefty impact on its profits. The software giant posted operating profit of $6.48 billion in its fiscal fourth quarter…

Microsoft on Tuesday published its first set of financial results since its acquisition of Nokia, and the numbers show that the Finnish vendor had a hefty impact on its profits. The software giant posted operating profit of $6.48 billion in its fiscal fourth quarter…

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