Microsoft has in the past quarter net loss of 3.2 billion dollars ago, the biggest loss in its history. Tuesday was the technology giant’s quarterly figures known
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In the same period last year the company made another $ 4.6 billion profit. Turnover increased by five percent to 22.1 billion dollars.
Especially severance payments and depreciation on Nokia weighed heavily on the result, reports Reuters. In the fourth quarter the company had $ 8.4 billion spent on restructuring, let the company know.
The net loss of $ 3.2 billion equates to a minimum of 0.40 euros per share. Without billion amortization and the cost of a recently announced reorganization, involving approximately 7,600 jobs will be deleted, otherwise there would be a profit of $ 0.62 per share. That’s better than market experts had anticipated.
During the quarter, there was little demand for Windows. Compared with the same period last year, sales of Windows to computer manufacturers by 22 percent.
Microsoft hopes in the future to make lots of money with cloud services for businesses. According to the company’s revenue in this section income grew by 88 percent to 8 billion, reports TechCrunch. The next two years the growth of cloud services revenue to $ 20 billion, expects Microsoft
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