Microsoft sold a record 9.3 million Lumia
The Redmond-based tech giant took home net income $4.5 billion
from
$23.2 billion of revenue.
The company's quarterly revenue is
a drastic improvement over the $18.53
billion it achieved for the
same period last year. Net income has
dropped from last year's
$5.24 billion due to $1.14 billion worth of
restructuring expenses
that stemmed from the Nokia acquisition.
Microsoft sold a record 9.3 million Lumia smartphones. The number
is a
drastic increase over the 5.8 million units sold in the previous
quarter, and more than the 8.8 million devices from the same period
last
year.
The Lumia hardware business is responsible for $2.6 billion in
revenue
for the quarter.
The warm reception enjoyed by the Microsoft Surface 3 Pro
resulted in
$908 million in revenue. The number is up a whopping 127%
from the same
quarter in the fiscal 2014. The gross margin from the tablet
business is
positive, so Redmond is making money from it.
The Xbox division
isn't doing too shabby either. It moved 2.4 million
Xbox One and Xbox 360 consoles.
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