Microsoft has released its earnings report for the fourth quarter of 2016, revealing that phone revenues fell 81% compared to the year-ago quarter.
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While the company sold 4.5 million Lumia handsets in the last quarter of 2015, we did not get an exact figure for the same period in 2016. However, by all accounts the number is less than 1 million.
Overall, the software giant reported a $ 26.1 billion non-GAAP income ($ 24.1 billion GAAP), while the company's net income stood at $ 6.5 billion non-GAAP ($ 5,2 billion GAAP). To get the full report, go to the Source link below.
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