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Microsoft quarterly profit lower on restructuring costs

2014-10-24 08:39:00| Telecompaper Headlines

(Telecompaper) Microsoft reported a 13 percent fall in earnings for its fiscal first quarter to September to USD 0.54 per share, hurt by restructuring charges for its earlier announced job cuts and the integration of Nokia's handset operations. The USD 1.14 billion in restructuring charges took USD 0.11 per share off earnings, the company said. Revenues were still up to USD 23.2 billion from USD 18.5 billion a year ago, thanks to the acquisition of the mobile phone business, and gross profit increased 12 percent to USD 14.9 billion.  

Tags: lower costs microsoft profit

 

Microsoft profits fall on Nokia deal

2014-10-23 23:53:37| BBC News | Business | UK Edition

Microsoft reports a fall in profits as a result of the cost of job cuts and its purchase of Nokia's smartphone business earlier this year but rising revenue cheers investors.

Tags: fall deal microsoft nokia

 
 

Nokia sees third-quarter turn to profit as sales grow after sale of phone unit to Microsoft

2014-10-23 22:52:53| Wireless - Topix.net

Nokia is showing signs that it has turned around its fortunes following the sale of its ailing cellphone unit to Microsoft. The slimmed-down Finnish company said Thursday that it made a third-quarter net profit of 747 million euros of the year, compared with a 91 million-euro loss in the same period last year.

Tags: to phone sales sale

 

Nokia sees third-quarter turn to profit as sales grow after sale of phone unit to Microsoft

2014-10-23 22:42:38| Telecom - Topix.net

Nokia is showing signs that it has turned around its fortunes following the sale of its ailing cellphone unit to Microsoft. The slimmed-down Finnish company said Thursday that it made a third-quarter net profit of 747 million euros of the year, compared with a 91 million-euro loss in the same period last year.

Tags: to phone sales sale

 

Nokia's Phone Business Rebranded as 'Microsoft Lumia'

2014-10-22 19:02:53| PC Magazine Cell Phones Product Guide

The name change will take hold in France first, and more countries will make the switch in the coming weeks.

Tags: business phone microsoft nokias

 

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