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

April 24, 2015

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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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