Friday, October 24, 2014

Microsoft’s Sales Increase, Helped by Its Acquisition of Nokia, and Investors Notice - NYTimes.com

Also see Microsoft Earnings Top Estimates Despite Dent From Nokia Integration, Layoff Costs (Re/code)

"Sales in the PC business are still in the dumps. Traditional software sales are losing steam to cloud services. And many venerable technology companies are struggling to leap from the old way of doing things to the new.

Microsoft? Steady as she goes.

While the company still has much to prove in markets like mobile phones, Microsoft on Thursday offered tantalizing signs of progress in the transformation of its business. In the last quarter, the company had a 25 percent increase in sales, largely because of its acquisition of Nokia’s mobile phone business."
Microsoft’s Sales Increase, Helped by Its Acquisition of Nokia, and Investors Notice - NYTimes.com
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