Microsoft has reported a 7% fall in profit during Q2 2014.
The tech giant said profit during the March to June period was $4.6 billion, compared with $4.97 billion during the same period last year.
Microsoft said its Nokia division, which it acquired in April, lost $692 million.
Last week, Microsoft announced it would cut 18,000 jobs – the biggest round of job cuts in the company’s 39-year history.
“We are driving growth with disciplined decisions, bold innovation, and focused execution,” Microsoft CEO Satya Nadella said in a statement.
Satya Nadella said Microsoft is choosing to focus on revenues from the company’s cloud division, which he said were set to double to $4.4 billion this year.
Shares in Microsoft were mostly flat in trading after stock market hours.
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