Breaking News

G.SKILL Showcases DDR5-9200 1.1V 16GBx2 High-Speed CU-DIMM Memory Kit Sony Introduces BRAVIA 9 II and BRAVIA 7 II RGB TVs and the BRAVIA Theatre Trio Creative Announces Sound Blaster AE-X Acer Expands Gaming Portfolio With Predator Atlas 8 Handheld Powered by Intel COLORFUL Presents Limited Edition iGame GeForce RTX 5070 Ultra OC 12GB x 007 First Light Edition

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Microsoft Posts FY15 Q4 Loss

Microsoft Posts FY15 Q4 Loss

Enterprise & IT Jul 22,2015 0

Microsoft reported a $3.2 billion quarterly net loss as the company wrote down its Nokia phone business and demand fell for its Windows operating system. The company took a charge of $7.5 billion in the fourth quarter related to the restructuring of its Nokia handset business, which it bought last year.

"Our approach to investing in areas where we have differentiation and opportunity is paying off with Surface, Xbox, Bing, Office 365, Azure and Dynamics CRM Online all growing by at least double-digits," said Satya Nadella, chief executive officer at Microsoft. "And the upcoming release of Windows 10 will create new opportunities for Microsoft and our ecosystem."

"We finished the fiscal year with solid progress against our strategic priorities, through strong execution and financial discipline, which is reflected in our results for the quarter and the year," said Amy Hood, executive vice president and chief financial officer at Microsoft.

Sales of Windows to computer manufacturers to install on new PCs fell 22 percent in the quarter. The company is scheduled to roll out Windows 10 on July 29.

Microsoft wants to generate revenue by building search and gaming into the Windows 10 interface, Amy Hood said in April.

Bing, the company's online search engine, will be profitable in the year ending June 2016, Hood said on Tuesday.

Sales of Windows to businesses fell 21 percent from the year-earlier quarter, when demand for the operating system had surged after Microsoft discontinued support for Windows XP.

Revenue from Microsoft's commercial cloud business, which includes offerings such as Office 365 and Azure, rose 96 percent, excluding the impact of a strong dollar.

Microsoft said it added 3 million subscribers for Office 365 in the quarter, taking the total number of subscribers for the product to 15.2 million at the end of June.

Tags: Microsoft
Previous Post
Apple Reports Strong iPhone Sales, Watch Sales Still Unknown
Next Post
ZTE Launches Flagship Axon Phone, Axon Watch and Spro 2 Smart Projector

Related Posts

  • Snapdragon X Series is the Exclusive Platform to Power the Next Generation of Windows PCs with Copilot+ Today

  • Activision Blizzard King to Team Xbox

  • NVIDIA Studio Lineup Adds RTX-Powered Microsoft Surface Laptop Studio 2

  • Samsung and Microsoft Unveil First On-Device Attestation Solution for Enterprise

  • Introducing Xbox Game Pass Core, Coming This September

  • Announcing the next wave of AI innovation with Microsoft Bing and Edge

  • Microsoft Announces Security Copilot AI

  • Microsoft breaks new ground in healthcare with the next evolution of AI

Latest News

G.SKILL Showcases DDR5-9200 1.1V 16GBx2 High-Speed CU-DIMM Memory Kit
PC components

G.SKILL Showcases DDR5-9200 1.1V 16GBx2 High-Speed CU-DIMM Memory Kit

Sony Introduces BRAVIA 9 II and BRAVIA 7 II RGB TVs and the BRAVIA Theatre Trio
Consumer Electronics

Sony Introduces BRAVIA 9 II and BRAVIA 7 II RGB TVs and the BRAVIA Theatre Trio

Creative Announces Sound Blaster AE-X
PC components

Creative Announces Sound Blaster AE-X

Acer Expands Gaming Portfolio With Predator Atlas 8 Handheld Powered by Intel
Gaming

Acer Expands Gaming Portfolio With Predator Atlas 8 Handheld Powered by Intel

COLORFUL Presents Limited Edition iGame GeForce RTX 5070 Ultra OC 12GB x 007 First Light Edition
GPUs

COLORFUL Presents Limited Edition iGame GeForce RTX 5070 Ultra OC 12GB x 007 First Light Edition

Popular Reviews

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

Endorfy Thock V2 Wireless Keyboard

Endorfy Thock V2 Wireless Keyboard

Soft2bet and the unseen hardware that makes instant play possible

Soft2bet and the unseen hardware that makes instant play possible

Crucial T710 2TB NVME SSD

Crucial T710 2TB NVME SSD

JSAUX 65Wh Rog Ally Battery

JSAUX 65Wh Rog Ally Battery

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed