Microsoft Lumia phones are selling better than ever and Surface is officially a billion dollar business. Nadella said:Each day were reminded of the enormity of the responsibility we have to move the innovation of Windows forward,. Our universal platform is what runs across the phone, the PC and now the TV. Developers can target applications to the largest amount of Windows devices. CEO Satya Nadella, who took over nearly a year ago, now has a twofold mission: to have Microsofts newest operating system, Windows 10, run across as many devices and screens as possible, and to make consumers love Windows again, not just use it out of necessity. For Nadella, that means pushing Windows as aggressively into the hands of consumers as it has in the corporate realm.Nadella points out -- to get developers to care in a world increasingly swallowed up by Apples iOS and Googles Android platforms. For the three months ended December 31, 2014,Microsoft said its profit was $5.86 billion and $26.32 billion in sales. Executives stressed that Microsoft would incur $500 million more before the end of the year, following a road map outlined in July when the company first announced it would be laying off 18,000 employees, many former Nokia employees.This quarter, Microsoft sold a record 10.5 million Nokia Lumia smartphones, up 28 percent from a year ago and bringing in $2.3 billion in sales driven by demand in the budget smartphone category. And for the first time ever, the companys Surface tablet division pulled in more than $1 billion in sales, a 24 percent jump from a year ago. Overall, the companys Devices and Consumer division increased 8 percent from a year ago to $12.9 billion.Many of Microsofts other divisions, which include servers, PC software and video games, continue to do well, as expected. Sales of its Xbox 360 and Xbox One game console totaled 6.6 million units, a 214 percent increase from last quarter attributed to price cuts and bundling of free games with the device. Those maneuvers, along with a general drop off in sales of its older Xbox 360, resulted in a 20 percent year-over-year drop in revenue for the division. Microsoft hopes the sacrifice will help the Xbox One compete against Sonys better-performing PlayStation 4, which the Xbox outsold for the first time all year in the months of November and December. Microsoft notched 114 percent growth in its cloud business, which is now on track to pull in $5.5 billion annually. Overall performance of its Commercial division is up 5 percent to $13.3 billion.Overall, the companys shares have risen more than 27 percent so far this year. In November, Microsoft stock hit a 14-year-high of $49.58 a share, and has since overcome Exxon Mobil for the title of No. 2 most-valuable company in the world behind Apple.
Posted on: Tue, 27 Jan 2015 03:34:01 +0000
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