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Microsoft Profit Dips As Revenue Rises

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Microsoft on Monday reported that its quarterly profit dipped as revenue increased with help from sales of Surface tablets, Xbox One consoles and cloud services.

Profit fell 10 percent from a year ago to $5.9 billion while revenue hit $26.5 billion in the quarter ended on December 31, and chief executive Satya Nadella said the company’s transformation is on target.

“We are taking bold steps forward across our business, and specifically with Windows 10, to deliver new experiences, new categories, and new opportunities to our customers,” Nadella said. Click here to read the full post

Wahengbam Rorrkychand

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Website: http://www.blog.tonsetelecom.com

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