Friday, April 22, 2016

Microsoft Releases their Q1 2016 Financial Report

Microsoft’s latest quarterly report is out for all to see and we learned that the company brought in $20.5 billion in overall revenue. Of that, $5.3 billion was pure profit from their tablets, the company’s cloud services and others. What didn’t do so well was the Microsoft’s Lumia sales, which were confirmed to be 2.3 million units shipped. This is down 73% year-over-year when they shipped 8.6 million units.

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