Thursday, April 24, 2014

Microsoft's Q3 profit dips after European Commission fine


Microsoft has published its Q3 2014 earnings report, and the company has made $5.66 billion in net income on $20.4 billion in revenue. The revenue amount this quarter has declined by 0.4 percent from the same period last year, and net income decreased by 6.6 percent. The profit decrease appears to be related to a $733 million fine from the European Commission over the lack of a browser ballot screen on some Windows PCs.


Microsoft’s core consumer-focused businesses are good indicators for the health of a number of the company’s products, including Windows, Windows Phone, Office consumer subscriptions, Surface, and Xbox. A decline in PC sales continues to impact Windows, but OEM revenue for Windows increased this quarter by 4 percent...


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