A big Loss from Microsoft

23 Jul

Microsoft Corp revealed a $3.2 billion quarterly net loss as it authored their Nokia phone business and A big Loss from Microsoftdemand dropped for its Windows OS.

The business firm got a charge of $7.5 billion in the 4th quarter connected to the restructuring of its Nokia phone business which it received a year ago. The Microsoft’s shares chop down 3% to $45.80 in expanded trading.

Chief Exec Satya Nadella, the firm has already been transferring its focus to software and cloud service as a huge demand for Windows OS drops. Revenue of Windows to computer supplier to set up on new PC’s dropped 22% in the quarter. The Company is planned to roll out Windows 10 in July 29, a much awaited kick off after a undesirable response to Windows 8.

FULL STORY HERE:  Microsoft posts $3.2 billion loss as it writes down Nokia phone business


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