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Microsoft's Office sales soar and Windows Phone fades in cloud-happy earnings call |
July 21, 2017
Remember when Microsoft touted Windows Mobile during earnings calls? Now, Microsoft's Windows Phone business is "immaterial," while Office, Azure, and other cloud and services products continue to propel the company to profitability. In a small note during its second-quarter earnings report Thursday, Microsoft said its phone business had declined $361 million in revenue from a year ago, leading to the claim that the phone business was “immaterial,” or not enough to report to investors. It wasn't enough that Microsoft’s More Personal Computing segment reported a revenue decline of 2 percent to $8.8 billion: chief financial officer Amy Hood also noted that phones caused a four-percent decline—in other words, Microsoft blamed phones for the company’s loss.To read this article in full or to leave a comment, please click here
Link: http://www.pcworld.com/article/3209909/phones/microsofts-office-sales-soar-and-windows-phone-fades-in-cloud-happy-earnings-call.html#tk.rss_all
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