Friday, January 30, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google Reports Increased Profit
Facebook Introduces Place Tips in News Feed
AMD Cuts Prices Of Radeon Graphics Card To Cash On GTX 970 Memory Furor
HyperX Sets DDR4 Overclocking Record
Intel 5th Generation vPro Processors Released
Mobile Provider TracFone to Pay $40 Million to Settle FTC Charges
Intel Releases New 20nm SSDs For Data Centers
Microsoft Brings Office To iOS and Android Devices
Active Discussions
Writing Audio files on DVDs ?
Need major help with Gigabeat
New match-3 puzzle game launch now!
Rimage 2000i
Sound card for my Laptop
hello
full screen wide screen
Hi
 Home > News > General Computing > Microso...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, July 23, 2014
Microsoft's Profit Hurt By Nokia Acquisition, Plans Unified OS


Microsoft’s purchase of Nokia's mobile business dragged down fiscal fourth-quarter profit, even as the software maker benefits from improving corporate demand for computers and cloud computing.

Nokia’s operations, which Microsoft bought for 5.44 billion euros ($7.33 billion) in April, contributed to a 7.1 percent decline in net income to $4.61 billion for the period that ended June 30, the company said in a statement yesterday.

Lumia sales hit 5.8 million for the nine weeks of the quarter that Nokia was part of Microsoft. That compares with 35.2 million iPhone sales in the quarte rper share, in the year-ago quarter.

Chief Executive Officer Satya Nadella, who took over in February, is struggling to reduce costs, with 12,500 of the 18,000 job cuts announced last week related to Nokia. While Microsoft’s main software business topped estimates, the company has made little headway in delivering popular smartphones and tablets.

Nadella will cut more costs and prioritize core areas, he said on a conference call yesterday. He also pledged to make the money-losing Bing search engine profitable by fiscal 2016. Nadella said MSN websites, retail stores and hardware production are now considered supporting efforts. He said Microsoft’s new phone unit, formerly the Nokia handset business, is on track to break even on an operating basis in 2016 as well.

At the same time, cloud and enterprise software performed well, with revenue doubling for the Web-based versions of Office and Microsoft’s Azure cloud-based service for hosting applications. Corporate demand for personal computers helped shore up sales of Office and Windows to businesses, with companies signing multiyear licensing deals.

Microsoft is also seeing signs of improvement in the PC market, which drives sales of Windows and Office software.

Microsoft will also work is under way to "unify" parts of its different Windows operating systems.

"We will streamline the next version of Windows from three operating systems into one single converged operating system for screens of all sizes," Nadella said.

The firm also confirmed it had recently scrapped a new type of tablet.

"During the quarter, we reassessed our product roadmap and decided not to ship a new form factor that was under development," said Amy Hood, the company's chief financial officer.

A single team is now working to deepen the links between Windows for PCs, Windows Phone and the Xbox OS, which are all based on the single Windows NT software core.

Nadella said one target was for developers to be able to write a single app that would adapt its layout and controls to suit whether it was being used on a phone, tablet, PC or games console.



Previous
Next
UHDTVs Boost LG Display Profit        All News        Apple's Revenue Boosted By China Growth
UHDTVs Boost LG Display Profit     General Computing News      Apple's Revenue Boosted By China Growth

Get RSS feed Easy Print E-Mail this Message

Related News
Microsoft Brings Office To iOS and Android Devices
Microsoft Offers Power BI Business Intelligence Tools For Free
Microsoft Reports Second Quarter Results
Microsoft Launches the Lumia 435 and Lumia 532 Smartphones
Microsoft Attacks Google Over Security Disclosures
Microsoft To Release Customer-centric Solutions This Spring
Tech Giants Support Microsoft In Data Fight With U.S.
Cortana Arrives in France, Italy, Germany, and Spain
Microsoft Creates Tools That Unlock the Power of Living Cells
Microsoft Acquires Mobile Email App Provider Acompli
Microsoft Accidentally Anounced Acquisition Of Acompli
Microsoft Offers Massive Music Deals For The Holidays

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .