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Microsoft Q3 pulled down by higher tax, weak software sales

2016-04-22 10:05:00| Telecompaper Headlines

(Telecompaper) Microsoft said revenues for its third quarter to end March fell to USD 20.53 billion from 21.72 billion, with the operating profit going down to to USD 5.28 billion from 6.59 billion, its net profit sliding to USD 3.75 billion from 4.98 billion and earnings per share falling to USD 0.47 from 0.61. CEO Satya Nadella said the company is seeing momentum across its cloud services and with Windows 10. Results were hurt however by higher tax expenses due to the changing mix of revenue across geographies, as well as between cloud services and software licensing. CFO Amy Hood said results are being hurt by weakness in one-time purchases of software, Bloomberg reported.

Tags: software sales higher tax

 

Microsoft (Finally) Beefs Up Translator App for Android

2016-04-22 02:04:55| PC Magazine Software Product Guide

Android fans can now partake in a few of the features their peers received months (if not years) ago.

Tags: finally microsoft app translator

 
 

Microsoft Windows hurt by PC sales slump

2016-04-22 01:16:39| BBC News | Business | UK Edition

Microsoft's quarterly profit has missed analysts' estimates as a continued slump in personal computer sales hurts the company's core Windows business.

Tags: sales windows microsoft microsoft windows

 

End of an era: Microsoft halts production of the Xbox 360

2016-04-21 20:11:48| Extremetech

It's the end of an era -- after ten years in production, the Xbox 360 is finally being retired.

Tags: the end production microsoft

 

Microsoft discontinues Xbox 360 console

2016-04-20 20:10:30| BBC News | Business | UK Edition

Microsoft says it is to stop manufacturing the Xbox 360 games console, 10 years after it launched.

Tags: microsoft xbox xbox 360 console

 

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