Microsoft quarterly revenues flat, profits lower

Friday 25 April 2014 | 08:27 CET | News
Microsoft reported revenues for its fiscal third quarter to March flat year-on-year at USD 20.4 billion. Gross profit dipped 8 percent to USD 14.5 billion, and operating profit was also down 8 percent, to USD 7.0 billion. Net profit fell 6 percent year-on-year to USD 0.68 per share. Revenues from the Devices and Consumer division were up 12 percent to USD 8.3 billion. This was driven by sales of 2.0 million Xbox game sales, an increase in the Office 365 subscriber base of nearly 1 million to a total 4.4 million, and a 4 percent rise in sales of Windows to computer manufacturers. The Surface

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Categories: General
Companies: Bing / Microsoft / Nokia
Countries: World
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