Saturday, September 23, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Intel Kills Project Alloy VR Headset
New 4K Apple TV will Only Stream iTunes 4K Content
China-backed Canyon Bridge Buys Imagination for £550 million
iPhone 8 Teardown
Uber Lost License to Operate in London
Globalfoundries Asks EU to Probe TSMC
Facebook to Provide Congress With Ads Linked to Russian Internet Research Agency
Casio Announces Connected Watches For Men's G-SHOCK G-STEEL Line
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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
Windows Creators Update Available in October
Microsoft Surface Devices Fail on Reliability
Microsoft Coco Framework Improves Performance and Governance Characteristics of Enterprise Blockchain Networks
New Microsoft keyboard brings Windows Hello to Windows 10 PCs
Microsoft pays up to $250,000 for Windows 10 bugs
Microsoft Paint isn't Dead Yet
Microsoft Reports Strong Profit on Cloud Demand
Microsoft to Bring Fast Internet to Rural Areas in the U.S.
Microsoft Azure Stack Now Available From Dell EMC, HPE, and Lenovo
New Microsoft 365 Software Package Includes Windows 10 and Office
Facebook, Microsoft, Twitter and YouTube Team Up To Counter Terrorism
Microsoft Patent Describes Plan to Stop Thieves Stealing Laptops

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .