Gloomy figures for Microsoft – 99mac

Microsoft reported a historic loss due to impairment of Nokia’s former mobile division, whose revenue also dropped by 68 percent.

2013 announced # Microsoft acquisition of Nokia’s mobile division, a deal that was completed the following year. The acquisition has become a costly affair for Microsoft, which reports a historical loss of $ 2.1 billion for its fourth quarter of 2015, which covers the months of April, May and June. This corresponds to almost 18 billion.

Microsoft said earlier this month, up 7,800 employees, most of Nokia’s mobile division. When this was written also the division’s value by an amount greater than the purchase amount. Impairment is stated as the main reason for the quarter’s loss figures, but revenues also fell by five per cent compared to the same period last year.

For the period reports, Microsoft revenue of 22.2 billion dollars (190 billion SEK) and a gross margin of 14.7 billion dollars (about 125 billion). Worst went there just for mobildivisonen, despite increased deliveries by ten percent lost 68 per cent of its revenues from the previous year.

Revenues from Xbox The division grew by 27 percent, and Surface-division by 117 percent. The number of subscribers to Office 365 increased by 3 million from the previous quarter to EUR 15 million.