Microsoft profit hurt by Nokia, but revenues jump
New York (AFP) July 22, 2014 - Microsoft said Tuesday profits took a hit from its newly acquired Nokia phone division but that revenues got a strong lift from cloud services. The US tech giant's new chief executive Satya Nadella said the results suggested that Microsoft's shift to services amid declining personal computer sales was starting to pay off. Net profit for the three months ending June 30 dipped seven percen ... more
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