Microsoft's Q4 earnings revealed that only 4.5 million Lumia handsets were sold in the period
Microsoft reported its fiscal second quarter earnings today, and it was not a pretty quarter for Windows Phone. Even with the launch of the Windows 10 Mobile powered Microsoft Lumia 950 and Microsoft Lumia 950 XL, sales of Windows Phone handsets declined 49% year-over-year during the three months.
Lumia sales amounted to just 4.5 million handsets from October though December. That is a rather hefty 57% decline from the previous year. Consider that Apple sold 74.8 million iPhone units during the same time period. Surface related revenue amounted to $1.35 billion during the fourth quarter, up 29% from the 2014 total. That figure topped Wall Street forecasts. Microsoft attributed the strong three month period for Surface to strong sales for the Surface Book and the Surface Pro 4.
For the quarter, Microsoft reported $25.7 billion in revenue. That was down 1.6% from the $26.14 billion Microsoft reported last year. It also topped Wall Street expectations of $25.26 billion. The company reported GAAP accepted net of $5 billion, or 62 cents a share. Wall Street liked the report with Microsoft's shares soaring 4.22% after-hours to $54.25.
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source: Microsoft via PocketLint
Lumia sales amounted to just 4.5 million handsets from October though December. That is a rather hefty 57% decline from the previous year. Consider that Apple sold 74.8 million iPhone units during the same time period. Surface related revenue amounted to $1.35 billion during the fourth quarter, up 29% from the 2014 total. That figure topped Wall Street forecasts. Microsoft attributed the strong three month period for Surface to strong sales for the Surface Book and the Surface Pro 4.
For the quarter, Microsoft reported $25.7 billion in revenue. That was down 1.6% from the $26.14 billion Microsoft reported last year. It also topped Wall Street expectations of $25.26 billion. The company reported GAAP accepted net of $5 billion, or 62 cents a share. Wall Street liked the report with Microsoft's shares soaring 4.22% after-hours to $54.25.
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source: Microsoft via PocketLint
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