Microsoft sold a record 9.3 million Lumia-Net income $5.24 billion

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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