Microsoft sees Surface and Lumia divisions rise, but Xbox and profits are down

April 24, 2015


Microsoft has released their Q3 fiscal 2015 earnings report, revealing that the Redmond giant collected $21.7 billion in revenue for the quarter, posting net income of $4.98 billion. Although revenue has increased six percent from the same quarter last year, profits have dropped by 12 percent.

Two of Microsoft’s divisions did particularly well in Q3: Surface, which posted revenues of $713 million to increase by 44 percent on the same quarter last year; and Lumia, which saw phone sales rise to 8.6 million, an 18 percent increase on last year’s Q3 that contributed to $1.4 billion in revenue.

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