Microsoft sold a record 9.3 million Lumia
The Redmond-based tech giant took home net income $4.5 billionfrom $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.
