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Microsoft Says Revenues Up, Profits Down


News by Luke Jones on Tuesday January 27, 2015.

microsoft news · industry news · luke jones

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Microsoft
Microsoft

Microsoft announced a mixed bag fourth quarter during its earnings call on Monday evening, with revenue up, but profits down. The company revealed that the Surface tablet range is growing, although despite that and improved revenue, the loss of income will be the talking point for the company.

Redmond is moving into a new era with the launch of Windows 10 and 2014's results were marred by a stronger performing dollar and the $7 billion purchase of Nokia Devices and Services. Microsoft saw revenue increase from $24.5 billion last year to $26.5 billion over the fourth quarter of 2014. Those numbers could not yield better income though as profit fell 9% from $6.56 billion in 2013 to $5.86 billion last time out.

The company's smartphone business (Lumia devices) brought in $2 billion in revenue, which shows that hardware is still very much a lesser business in Microsoft money generating divisions. Software is still responsible for the bulk of revenue the company makes.

 
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Luke Jones
Luke Jones is the Managing Editor at MobileBurn.com and is the person you need to speak to about the content on the site. Luke studied creative writing at degree level before carving out a reputation as a freelance tech writer. He settled here at MobileBurn, where he reviews devices and contributes to the news, as well as overseeing the site's content and direction.

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