Microsoft sold less than 1 million Lumia phones last quarter

Microsoft has released its Q4 2016 earnings report, revealing that phone revenue was down 81% compared to the same quarter the year prior.
While the company sold 4.5 million Lumia phones in the last quarter of 2015, we didn't get an exact figure for the same period of 2016. However, by all accounts the number is below 1 million.
Overall, the software giant reported a revenue of $26.1 billion non-GAAP ($24.1 billion GAAP), while the company's net-income stood at $6.5 billion non-GAAP ($5.2 billion GAAP). For the complete report, head to the Source link below.
Source | Via

Comments

Popular posts from this blog

Alleged HTC Butterfly S successor shows up in AnTuTu database

Future Nokias may have Carl Zeiss optics, but HMD is playing coy

New rumor suggests OnePlus 3T will be cheaper in China

MIUI 8 to arrive alongside Mi Max on May 10, Xiaomi confirms

Flipkart teases upcoming Moto E, will go on sale on May 14

Report: Galaxy S8's facial recognition tech will be used for mobile payments