Microsoft has released its Q4 2016 earnings report, revealing that phone revenue was down 81% compared to the same quarter the year prior.
While the company sold 4.5 million Lumia phones in the last quarter of 2015, we didn’t get an exact figure for the same period of 2016. However, by all accounts, the number is below 1 million.
Overall, the software giant reported a revenue of $26.1 billion non-GAAP ($24.1 billion GAAP), while the company’s net income stood at $6.5 billion non-GAAP ($5.2 billion GAAP). For the complete report, head to the Source link below.